JD.com is progressing with its stablecoin project, now entering Phase 2 of Hong Kong’s regulatory sandbox. Pegged to fiat currencies like the Hong Kong dollar and U.S. dollar, the stablecoin is built on a public blockchain to facilitate cross-border payments and business settlements. Hong Kong’s regulated environment enables JD.com to pilot this innovative payment solution despite mainland China's crypto restrictions. The initiative aims to enhance payment efficiency domestically and worldwide, positioning JD.com at the forefront of enterprise blockchain-driven digital payments.
Continue to read JD.com Advances Stablecoin Testing in Hong Kong to Expand Global Payment Solutions
JD.com is progressing with its stablecoin project, now entering Phase 2 of Hong Kong’s regulatory sandbox. Pegged to fiat currencies like the Hong Kong dollar and U.S. dollar, the stablecoin is built on a public blockchain to facilitate cross-border payments and business settlements. Hong Kong’s regulated environment enables JD.com to pilot this innovative payment solution despite mainland China's crypto restrictions. The initiative aims to enhance payment efficiency domestically and worldwide, positioning JD.com at the forefront of enterprise blockchain-driven digital payments.
Continue to read JD.com Advances Stablecoin Testing in Hong Kong to Expand Global Payment Solutions
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