Jd.com moves quickly. $ 90 billion in Chinese E -commerce giant This week he presented a plan to exceed multiple payment times from days to second. The shares fell to USD 33.90 in the open, and then dropped back to USD 33.45.
JD launches the blockchain payment remote control
According to the chairman of JD Liu Qiangdong, the first step applies to pilot In Hong Kong Sandbox Stablecoin. His team at Jingdong Cainlink Technology wants to show that typical B2B payments, which now take two to four days and pay high fees, can settle in less than 10 seconds.
They utilize the Zhizhen chain, the same blockchain network, which already moves about $ 7 billion a year in the financing of supply.
Chairman JD COM Richard Liu said that the company is planning to apply for Stablecoin licenses around the world to reduce cross -border payments by 90% and reduce the settlement time to less than 10 seconds. After B2B, JD aims to extend Stablecoin payments to consumers around the world. JD is one of the largest …
– Wu Blockchain (@Wlockchain) June 17, 2025
Image: PYMNTS
Illuminated speeds and costs
Based on reports with JD.com, fees can drop by up to 90%. For many exporters and wholesalers, reducing costs and waiting times can release cash flows and reduce documents.
Companies that once dealt with many banks and settlements would trade directly with buyers Stablecouins Left for local currencies. This change can save millions of banking fees each year.
Ambitions of the consumer platform
JD does not stop in business offers. The plan is to connect Stablecouins with E -Commerce experience for almost 600 million lively users. With warehouses and supply routes in 20 countries, JD can allow buyers to pay in digital tokens anywhere where the company sends.
Analysts say Jd.com He can even poke his huge network of merchants to accept their own Stablecoin Jingdong, helping people switch from cash and cards to a faster digital option.
Image: Asia Fund Managers
Regulatory and competitive obstacles
The regulation in Hong Kong, which will fully end in August 2025, gives players like JD and Ant Group a clear path to approval. Despite this, transferring money on the border means jumping through legal rims in many jurisdictions.
Based on industry talk, Ant Alipay ARM is simultaneously set to licenses in Singapore and Luxembourg. Western companies, such as PayPal and Mastercard, already have test token systems. JD will need solid compliance and local partners to keep the pace.
Market observers estimate Stablecoin global market This year, about $ 250 billion, with an boost to almost 1 trillion dollars by 2030, is a keen boost in banks and technology companies to think about payment.
The JD.com plant is that his existing blockchain, directly associated with retail and financial trade, gives him an advantage. This is a gigantic plant, but if the pilot proves, waiting days and paying steep fees can become a past for both companies and consumers.
A distinguished painting with South China Morning Post, chart from TradingView
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