2 1 Shi Ji Jing Ji Bao Dao·2025-06-30 07:02Core Viewpoint - JD.com has issued a statement warning the public about false claims regarding its collaboration with JD Coin Chain, emphasizing that it has not yet issued any stablecoins and that any related information may be fraudulent [1][5]. Group 1: Company Information - JD Coin Chain Technology (Hong Kong) Limited was established in February 2018 and was previously known as JD Asset Management Hong Kong Limited [5]. - The company is currently in the second phase of sandbox testing for its stablecoin, which is pegged 1:1 to the Hong Kong Dollar (HKD) and aims to provide efficient, economical, and secure payment solutions globally [4][5]. - JD.com’s Chairman, Liu Qiangdong, expressed the intention to apply for stablecoin licenses in major currency countries to significantly reduce cross-border payment costs and improve transaction efficiency [3]. Group 2: Industry Context - Stablecoins are cryptocurrencies designed to maintain price stability by being pegged to fiat currencies, commodities, or other assets, with applications in cryptocurrency trading, cross-border payments, and RWA transactions [3]. - As of June 26, 2025, the total market value of stablecoins is approximately $252.6 billion [3]. - The Hong Kong Monetary Authority has initiated a sandbox program for stablecoin issuers, selecting three groups, including JD Coin Chain Technology, from over 40 applications [3].