JD.com Coin Chain CEO: Negotiating with global compliance exchanges to launch JD.com stablecoin

Liu Peng, CEO of JD.com Coin Chain Technology, recently revealed in an exclusive interview with Bloomberg Businessweek/Chinese Edition that as of the beginning of June, we have mainly tested the Hong Kong dollar stablecoin, and will test other fiat stablecoins later. The second phase focuses on the use of stablecoins in three practical scenarios: cross-border transfer, investment transactions, and retail payments.
In the cross-border transfer scenario, we plan to expand our users through both direct and indirect acquisition (e.g. partnering with compliance wholesalers). In the investment transaction scenario, we are negotiating with global compliance exchanges to launch JD.com stablecoins in different regions. The first retail launch is JD.com's global sales station in Hong Kong and Macau, where users can be the first to use stablecoins for shopping in JD.com's self-operated e-commerce scenario.