Jingdong Coin Chain CEO: Jingdong Hong Kong and Macao Station will support stablecoin shopping
According to online reports, Liu Peng, CEO of Jingdong CoinLink Technology, recently revealed in an exclusive interview with Bloomberg Businessweek/Chinese Edition that the self-operated e-commerce company of Jingdong Hong Kong and Macao Station will soon support stablecin shopping. Jingdong Coin Chain plans to be licensed in the early fourth quarter of 2025 and simultaneously launch stablecoins anchored in Hong Kong dollars and other currencies. The company is currently conducting tests in the Hong Kong Monetary Authority's stablecoin issuer sandbox, focusing on testing the application of stablecoin in three major scenarios: cross-border payments, investment transactions and retail payments. Liu Peng said that stablecoins will serve as a new financial infrastructure in the Web3 era. They will have the advantages of reducing transfer time from a few days to seconds and reducing costs by at least half compared with traditional transfers. They are expected to play a "disruptive" role in international trade and other scenarios.
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