<ul data-eligibleForWebStory="true"><li>JD.com plans to pursue stablecoin licenses tied to major sovereign currencies for global B2B transactions, aiming to reduce costs by up to 90% and enable quick transfers.</li><li>The company aims to apply for stablecoin licenses in major sovereign currency countries globally to facilitate seamless international transactions.</li><li>JD.com intends to use its stablecoin to bypass SWIFT's expensive and time-consuming infrastructure for payments.</li><li>The move by JD.com aligns with the regulatory momentum surrounding dollar-pegged digital assets, particularly in the U.S.</li><li>China's People's Bank of China Governor acknowledged the impact of stablecoins and blockchain on the traditional payment system, highlighting efficiency gains and regulatory challenges.</li><li>JD.com's stablecoin aspirations could place the tech giant at the forefront of the evolving digital finance landscape.</li><li>The news signifies a strategic push by JD.com to leverage stablecoins for global financial transactions and their potential impact on payments and finance sectors.</li></ul>

Chinese Tech Giant Pursue Global Stablecoin Licenses

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