US Stock Movement | JD.com Rises 4%, Stablecoin Has Entered the Second Phase of Sandbox Testing
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On Thursday, JD.com rose 4%, closing at $32.85. In terms of news, on May 23, Liu Peng, CEO of JD Coin Chain Technology, stated that JD's stablecoin has not yet been officially issued and is currently in the second phase of sandbox testing, which will provide mobile and PC application products for retail and institutional clients. The testing scenarios mainly include cross-border payments, investment transactions, and retail payments. When discussing the reasons for entering the stablecoin business, he admitted that it is based on considerations for the development of JD Group's overseas business
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