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    1. coinfeeds-bot on

      tldr; JD.com plans to apply for stablecoin licenses globally to reduce cross-border payment costs and times, starting with business-to-business transactions and expanding to consumer use. Founder Richard Liu aims to enable global payments using JD’s local coins, potentially cutting settlement times to under 10 seconds and costs by up to 90%. This initiative is part of JD’s strategy to revitalize growth after years of stagnation. The company has not specified a timeline or prioritized jurisdictions for the project.

      *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

    2. If you read the Chinese characters from right to left, it says ‚Tokyo‘ and if they issue stablecoin, it’s like testing the boundaries of Chinese government regulations.

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