365int
JD.com wants in on the stablecoin boom.
At a press event in Beijing, JD.com founder Liu Qiangdong dropped a bombshell—he’s pushing for stablecoin licenses in every major currency country.
Why? To make global payments super fast and dirt cheap.
Liu claims JD’s stablecoin will slash transaction costs by 90%. That’s massive. Payments could settle in 10 seconds instead of days. Traditional systems like SWIFT can take up to four days.
Retail might be next.
First, JD will use stablecoins for business-to-business (B2B) payments. But Liu teased plans to expand to regular shoppers soon after.
“We’ll finish B2B payments, then look at consumer use,” Liu said.
Keeping it real.
Liu admitted the project could fail. “That’s business,” he said with a shrug.
JD is staying loyal to its current supply chain-driven model. “No new models,” Liu added. “We’ll just make the existing ones global.”
China doubles down on digital currency.
Just one day later, China’s central bank boss, Pan Gongsheng, announced a new digital yuan ops center in Shanghai. Looks like China is serious about ditching the US dollar’s grip.
JD’s no stranger to digital currency. Back in 2021, it used China’s Digital Currency Electronic Payment (DCEP) to pay staff and settle accounts.
Laws are shifting fast.
JD’s timing is smart. Stablecoin regulation is heating up. The US just passed the GENIUS Act—a major crypto milestone.
The law barely made it past initial votes but finally cleared the Senate with a 68–30 win.
Circle CEO Jeremy Allaire called it a sign that the “iPhone moment” for stablecoins may be coming. In other words, big things are brewing.
