JD.com plans to launch its own stablecoin for global payments
Date: 2025-06-19 Author: Henry Casey Categories: BUSINESS
JD.com founder Liu Qiangdong said that the company is going to obtain licenses for the use of stablecoins in the largest countries in the world, which will create a platform for international b2b payments. The new stablecoin will ensure transactions are completed in 10 seconds and reduce commission fees by almost 90%. Currently, payments through the SWIFT system take from two to four days. In the future, the company plans to open access to the new digital asset for ordinary users: “We hope that someday JD Coin will be used by people around the world for fast and convenient international transfers,” Qiangdong noted.
The launch of stablecoins is becoming a hot topic among large Chinese companies. Thus, JD.com's subsidiary, JD Coinlink, tested a stablecoin tied to the Hong Kong dollar this month. In turn, Ant Group, which manages Alipay, is preparing to obtain a license to issue its own stablecoins in Hong Kong.
According to experts from TRM Labs, the share of illegal transactions using stablecoins is now less than 1%, which indicates a high level of security and control in this area.
JD.com's initiative is aimed at accelerating and simplifying international payments, which could be a significant step for the global economy, where existing payment systems often suffer from long processing times and high fees. The creation of a stable and fast digital currency will allow businesses and individuals to save time and money when making payments abroad.
Thus, JD.com is among the leaders developing the digital asset market and introducing innovative technologies for global financial interaction. These changes promise to significantly change the landscape of international payments, making them more accessible and efficient.
