Richard Liu: JD.com to Apply for Stablecoin Licenses in Major Global Currency Markets

Liu Qiangdong, Chairman of the Board of JD.com, stated at a sharing session today that JD.com aims to apply for stablecoin licenses in all major currency countries worldwide. By obtaining these stablecoin licenses, the company seeks to facilitate cross-border settlements between global enterprises, reducing global cross-border payment costs by 90% and increasing efficiency to under 10 seconds. “Currently, inter-company remittances take an average of 2 to 4 days and the costs are quite high. After we complete B2B payments, we will move towards penetrating the C2C payment sector, hoping that one day people around the world can use JD stablecoins for their purchases,” Liu Qiangdong said. (Sina Technology)