🔴 JD.com officially enters the stablecoin market?! Is "JCOIN" the RMB version of USDT?
Recently, JD.com has been making frequent moves, with its blockchain platform "JD Chain" applying for the registration of the names "JCOIN" and "JOYCOIN," attracting market attention. There is widespread expectation that these two names will become candidates for its stablecoin. According to public information, JD Chain's business covers a variety of applications, including electronic fund transfers and cryptocurrency trading, supported by blockchain technology as the underlying infrastructure.
JD Chain has participated in the stablecoin issuer sandbox program led by the Hong Kong Monetary Authority (HKMA) to establish a foothold in the crypto finance sector.
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