Liu Peng, CEO of JD Coin Chain Technology, explained that JD stablecoins are stablecoins based on a public chain and linked 1:1 to fiat currencies such as Hong Kong dollars or US dollars. Stablecoins anchored in the Hong Kong dollar and the US dollar are tentatively issued in the first phase. The details are adjusted based on regulation and market demand. JD's stablecoin positioning is not limited to serving JD's own ecosystem, but is committed to providing more efficient, more economical, and more secure payment infrastructure for enterprises and individuals around the world. He said, “Currently, JD stablecoins have not been officially released. Currently, they have entered the second phase of sandbox testing. We will provide mobile and PC application products to retailers and institutions. The test scenarios mainly include cross-border payments, investment transactions, retail payments, etc.” Liu Peng said, “At the same time, we also want to remind the public that currently JD stablecoins have not been officially issued, and there are no channels to buy JD stablecoins. This information is misleading and fraudulent.”

Liu Peng, CEO of JD Coin Chain Technology, explained that JD stablecoins are stablecoins based on a public chain and linked 1:1 to fiat currencies such as Hong Kong dollars or US dollars. Stablecoins anchored in the Hong Kong dollar and the US dollar are tentatively issued in the first phase. The details are adjusted based on regulation and market demand. JD's stablecoin positioning is not limited to serving JD's own ecosystem, but is committed to providing more efficient, more economical, and more secure payment infrastructure for enterprises and individuals around the world. He said, “Currently, JD stablecoins have not been officially released. Currently, they have entered the second phase of sandbox testing. We will provide mobile and PC application products to retailers and institutions. The test scenarios mainly include cross-border payments, investment transactions, retail payments, etc.” Liu Peng said, “At the same time, we also want to remind the public that currently JD stablecoins have not been officially issued, and there are no channels to buy JD stablecoins. This information is misleading and fraudulent.”