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Gate Square New & Returning Creator Rewards are ongoing!
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JD's subsidiary JD Chain has registered JCOIN and JOYCOIN, which may be the names of its stablecoins.
According to Jinse Finance, JD.com's (9618) subsidiary JD Coin Chain has reportedly registered the names "JCOIN" and "JOYCOIN," which the market expects to be the names of its stablecoins. The registration details indicate that the related services include providing electronic fund transfers and cryptocurrency financial transactions through blockchain technology. JD Coin Chain is one of the participants in the sandbox program for stablecoin issuers by the Monetary Authority, and last July it collaborated with Tianxing Bank to test a corporate cross-border payment solution based on stablecoins. According to public reports, as of early June this year, JD Coin Chain has tested the Hong Kong dollar stablecoin and deployed experiments with other fiat stablecoins; its CEO Liu Peng stated last month that the second phase of testing will focus on three application scenarios: cross-border payments, investment transactions, and retail payments.