JD.com is moving quickly. 90 billion Chinese dollars Electronic renewal giant This week’s plan was unveiled to reduce cross -border payment times from seconds. The stocks reached $ 33.90 in the open before slipping to $ 33.45 with a closing.
JD is launched by Blockchain
According to President JD Liu Qiangdong, the first step includes pilot In Hong Kong Stablecoin Sandbox. Its team in Jingdong Coinlink wants to show that the model B2B payments, which now take from two to four days and carry huge fees, can settle in less than 10 seconds.
They use the ZHIZHEN series, the same Blockchain network that already transfers about $ 7 billion annually to finance the bid.
Richard Liu, Chairman of JD Com, said that the company is planning to apply for Stablecoin licenses worldwide to reduce border payment costs by 90 % and reduce settlement time to less than 10 seconds. After B2B, JD aims to expand Stablecoin’s payments for consumers all over the world. JD is one of the biggest …
– Wu Blockchain (Wublockchain) June 17, 2025
Image: PYMNTS
The benefits of speed and cost are highlighted
Based on reports from JD.com, the fees may decrease by up to 90 %. For many exporters and wholesalers, the cost reduction and waiting times can increase the cash flow and reduce paperwork.
Companies that have once dealt with multiple and limited banks will circulate directly with buyers who use Stablecoins Die to local currencies. This shift can provide millions of banking fees every year.
Consumer platform aspirations
JD does not stop in commercial deals. The plan is to connect Stablecoins to experience out of e -commerce of about 600 million active users. With warehouses and delivery methods in 20 countries, JD can allow shoppers to pay in digital codes anywhere the company charges.
Analysts say JD.com Even her wide network of traders may push Stablecoin from Jingdong, which helps people shift from cash and cards to a faster digital option.
Image: Asia Fund Managers
Organizational and competitive obstacles
Hong Kong’s Stablecoin Decree, which is scheduled to be fully released by August 2025, is given players like JD and Ant Group A Path Comple for approval. However, the transfer of money across the border means jumping through legal hoops in multiple judicial authorities.
Based on industry gossip, Ant’s Alipay Arm lined up for licenses in Singapore and Luxembourg at the same time. Western companies such as PayPal and MasterCard have already have a premium code under test. JD will need strong compliance and local partners to keep up with.
Market monitors are estimated The global market stablecoin About $ 250 billion this year, with growth to nearly a trillion dollars by 2030. This increase pays banks and technology companies to rethink payments.
JD.com is that the current Blockchain, directly associated with retail and financing, gives it an advantage. It is a great bet, but if the pilot proves, waiting days may become and pay very slope fees something from the past to companies and consumers alike.
Distinctive image from South China Mooring Post, TradingView graph
Editing process For Bitcoinist, it is focused on providing accurate, accurate and non -biased content. We support strict resource standards, and each page is subject to a diligent review by our team of senior technology experts and experienced editors. This process guarantees the integrity of our content, importance and value of our readers.
The post China’s Digital Marketplace Eyes Stablecoin For Faster Payments first appeared on Investorempires.com.
