US EditionChina’s JD.com enters stablecoin race as US passes GENIUS Act
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14 Articles
JD Targets Stablecoin Licenses in Multiple Markets for Faster Payments - Fintech Hong Kong
JD.com plans to secure stablecoin licenses in a series of major markets, founder Richard Liu announced at a Beijing press briefing on Tuesday, according to The Block. He added that JD’s global stablecoin project could cut cross-border payment costs by 90% and complete transactions in 10 seconds, faster than SWIFT’s system. The goal would be for global consumers to use JD’s coin for seamless worldwide transactions, he noted. JD’s stablecoin push …
DailyTruthReport
E‑Commerce Meets Crypto: China’s Digital Marketplace Eyes Stablecoin For Faster Payments
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure JD.com is moving fast. The $90 billion Chinese e‑commerce giant unveiled a plan this week to cut cross‑border payment times from days to seconds. Shares ticked up to $33.90 at the open before slipping back to $33.45 by the close. JD Launches Blockchain... The post E‑Commerce Meets Crypto: China’s Digital Marketplace Eyes Stablecoin For Faster Paym…
We need to reform the so-called GENIUS Act It takes a STABLE GENIUS to appoint 55 stablecoin regulators, says James J. Angel, …
The Chinese e-commerce giant announced that he is looking for licenses to issue stablecoins in sovereign currency countries. *** JD.com wants to reduce the cost of cross-border transfers by 90% with its stablecoin. Its founder Richard Liu revealed that the system could make payments in just 10 seconds. The announcement comes in the midst of growing competition among Chinese companies to dominate the stablecoins market. JD.com, one of China’s lar…
JD.com Plans to Apply for Stablecoin Licenses in All Major Currency Markets Worldwide, Says Chairman Richard Liu - YT FINANCE
Chinese e-commerce giant JD.com plans to apply for stablecoin licenses in all major currency countries around the world, said JD.com Chairman Richard Liu Qiangdong at during an internal sharing session on June 17.
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