JD.com's stablecoin has entered the second phase of sandbox testing and will provide services to retail and institutions

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MarsBit
05-23
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Mars Finance News: Liu Peng, CEO of JD Chain Technology, stated in an interview that JD Stablecoin is a stablecoin based on a public chain and pegged 1:1 with legal currencies such as Hong Kong dollars (HKD) or US dollars (USD). It has entered the second phase of sandbox testing and will provide mobile and PC applications for retail and institutional users. The test scenarios mainly include cross-border payments, investment trading, and retail payments. JD Chain Technology is collaborating with top compliant exchanges and is connecting and testing with payment scenarios such as JD's Hong Kong and Macau stations in retail payment scenarios.

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