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JD.com's Stablecoin Has Entered 'Sandbox' Testing Phase in HK, Says VP
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Jianguang Shen, Vice President of Chinese e-commerce and logistics giant JD-SW (09618.HK) (JD.US), revealed that JD.com's stablecoin has entered the "sandbox" testing phase in Hong Kong, with an aim to enhance global supply chain and cross-border payment capabilities, Chinese media reported.

Compliance is the top priority, and the company will strictly adhere to regulatory requirements in all jurisdictions, Shen emphasized. This test marks an important step in JD.com's global fintech exploration and demonstrates a balanced approach of innovation and prudence.

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