TechFlow news, June 17 — According to Sina Finance, JD.com Group Chairman Richard Liu stated today during a sharing session that JD aims to apply for stablecoin licenses in all major currency countries worldwide. Through these licenses, JD intends to facilitate foreign exchange among global enterprises, reducing cross-border payment costs by 90% and improving efficiency to within 10 seconds.
Liu said, "Currently, business-to-business money transfers take an average of two to four days and are quite costly. After completing the B2B payments, we will expand into consumer-facing (C-end) payments, hoping that one day people can use JD's stablecoin to pay when consuming anywhere around the world."
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