JD.com aims at the trillion-dollar stablecoin market, building a second-level global payment network.

JD.com is exploring cryptocurrency payments to achieve a leap in cross-border payments. The company plans to bet on blockchain stablecoin technology to compress payment times from several days to seconds, aiming to transform transaction payment methods.

JD.com founder Liu Qiangdong stated that a stablecoin sandbox will first be established in Hong Kong, using its blockchain network "Zhi Zhen Chain" (which has processed approximately $7 billion in supply chain financing), with the goal of reducing B2B payment settlement time to 10 seconds and significantly lowering costs.

The plan is expected to reduce settlement time from 2-4 days to seconds, and transaction fees can also be reduced by 90%. The company also plans to apply for a stablecoin license globally and aims to promote stablecoin payments to consumers worldwide in the future.

JD's move can significantly enhance transaction speed and reduce costs. For exporters and wholesalers, using JD's stablecoin pegged to the local currency for transactions can bypass banks and clearinghouses, saving millions of dollars annually and freeing up more cash flow.

JD.com’s ambitions go beyond B2B; the company also plans to integrate e-commerce settlements for 600 million users with stablecoins and leverage its global warehousing and distribution network to allow consumers to use digital tokens for payments in covered areas. Analysts speculate that JD.com may encourage merchants to accept its stablecoin, accelerating the shift from cash and credit cards to digital payments.

It is worth noting that the global stablecoin market size is approximately $250 billion this year and is expected to grow to nearly $1 trillion by 2030. This growth is prompting banks and tech companies to reconsider payment methods.

However, these measures by JD.com are not without challenges. Although Hong Kong will implement stablecoin regulations fully in August 2025, cross-border payments still face legal obstacles in multiple countries. At the same time, companies like Ant Group and PayPal are also actively positioning themselves, so JD.com needs to ensure compliance and establish local partnerships to keep pace.

In summary, despite the numerous challenges facing JD's stablecoin strategy, it is still striving to seek advantages through the close integration of its blockchain technology with retail finance. This is undoubtedly a bold bet, but if successful, it will fundamentally change the payment experience for businesses and consumers.

#稳定币支付 # JD.com