京东
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JD Coins enter web3, what signals are hidden?
JD's stablecoin JD-HKD has entered the 'sandbox' testing phase, which could be a landmark moment for Web3 financial products stepping out of the 'underground laboratory' into our everyday lives.
Previously, when we talked about Web3 and stablecoins, it was mostly the coin circle people 'playing' around, speculating, and grabbing airdrops. Ordinary people would only watch the excitement, and very few truly participated.
But the stablecoin JDY released by JD this time does not speculate, does not rise or fall, and is only tied to the RMB and HKD exchange rates. What is it for?
💡 It is used for consumption, settlement, redeeming coupons, shopping, and even cross-border payments.
Imagine the future JD Double Eleven:
▪️ You pay with JDY, which is cheaper than WeChat or Alipay;
▪️ People in Hong Kong use the JD-HKD stablecoin to directly buy mainland products on JD without currency exchange or fees;
▪️ Merchants use stablecoins to streamline supply chain payment terms;
▪️ You could even use JDY to participate in Web3 activities—like minting digital products, unlocking membership identities, and earning on-chain points.
What does this mean?
Web3 is transforming from a 'speculative tool' into a 'living functionality,' no longer just a playground for geeks, but a basic infrastructure that ordinary people can directly use.
Moreover, and more critically—this wave is 'licensed and compliant.'
Behind it is not just technological exploration but a signal that the financial system officially 'acknowledges Web3.' Stablecoins are no longer in a gray area, but large companies themselves are getting involved, using it to save money, improve efficiency, go overseas, and attract new users.
In short: Web3 is finally about to 'become legitimate.'
So JD's move is not just about releasing a coin for fun. It is about allowing you one day to genuinely use Web3 without even realizing it.
It's not that you entered the coin circle; it's that the coin circle has entered your phone.
#京东
JD's stablecoin JD-HKD has entered the 'sandbox' testing phase, which could be a landmark moment for Web3 financial products stepping out of the 'underground laboratory' into our everyday lives.
Previously, when we talked about Web3 and stablecoins, it was mostly the coin circle people 'playing' around, speculating, and grabbing airdrops. Ordinary people would only watch the excitement, and very few truly participated.
But the stablecoin JDY released by JD this time does not speculate, does not rise or fall, and is only tied to the RMB and HKD exchange rates. What is it for?
💡 It is used for consumption, settlement, redeeming coupons, shopping, and even cross-border payments.
Imagine the future JD Double Eleven:
▪️ You pay with JDY, which is cheaper than WeChat or Alipay;
▪️ People in Hong Kong use the JD-HKD stablecoin to directly buy mainland products on JD without currency exchange or fees;
▪️ Merchants use stablecoins to streamline supply chain payment terms;
▪️ You could even use JDY to participate in Web3 activities—like minting digital products, unlocking membership identities, and earning on-chain points.
What does this mean?
Web3 is transforming from a 'speculative tool' into a 'living functionality,' no longer just a playground for geeks, but a basic infrastructure that ordinary people can directly use.
Moreover, and more critically—this wave is 'licensed and compliant.'
Behind it is not just technological exploration but a signal that the financial system officially 'acknowledges Web3.' Stablecoins are no longer in a gray area, but large companies themselves are getting involved, using it to save money, improve efficiency, go overseas, and attract new users.
In short: Web3 is finally about to 'become legitimate.'
So JD's move is not just about releasing a coin for fun. It is about allowing you one day to genuinely use Web3 without even realizing it.
It's not that you entered the coin circle; it's that the coin circle has entered your phone.
#京东
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🚀🚀🚀
JD.com joins hands with financial giants to cross over into the cryptocurrency field and open a new chapter in finance!
JD.com crosses over into a new era of finance: entering the cryptocurrency world
✨Shocking news! JD.com has officially entered the cryptocurrency field and joined hands with financial giants such as Standard Chartered Bank to jointly lead a new financial trend.
JD.com CoinChain Technology (Hong Kong) Co., Ltd. is listed in the list of participants in the stablecoin issuer sandbox announced by the Hong Kong Monetary Authority. Its cross-border move has undoubtedly dropped a bombshell on the financial market.
#币安7周年 #资讯前瞻 #新闻 #稳定币法案 #京东
JD.com joins hands with financial giants to cross over into the cryptocurrency field and open a new chapter in finance!
JD.com crosses over into a new era of finance: entering the cryptocurrency world
✨Shocking news! JD.com has officially entered the cryptocurrency field and joined hands with financial giants such as Standard Chartered Bank to jointly lead a new financial trend.
JD.com CoinChain Technology (Hong Kong) Co., Ltd. is listed in the list of participants in the stablecoin issuer sandbox announced by the Hong Kong Monetary Authority. Its cross-border move has undoubtedly dropped a bombshell on the financial market.
#币安7周年 #资讯前瞻 #新闻 #稳定币法案 #京东
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Big news! JD.com and Xiaomi jointly enter Web3!
Recently, the Hong Kong Monetary Authority announced that JD.com CoinChain Technology (Hong Kong) is one of the first institutions to enter the "Sandbox" program for stablecoin issuers. What is the big news? What is the specific content?
Behind JD.com's issuance of stablecoin (JD-HKD), there are two Internet giants, Liu Qiangdong and Lei Jun.
Stablecoin is a cryptocurrency pegged to a fiat currency or other assets, designed to reduce price fluctuations. Compared with highly volatile cryptocurrencies such as Bitcoin, it provides a relatively stable form of cryptocurrency, usually pegged to a fiat currency at a 1:1 ratio.
JD.com and Xiaomi enter the Web3 field:
1. JD.com and Xiaomi join forces: The two big guys, Liu Qiangdong and Lei Jun, decided to make some big news in the field of digital currency, just like two old friends opening a barbecue stall together, and they cooperated closely.
2. Stablecoin debut: JD.com's stablecoin JD-HKD is like discounted goods in a supermarket, with stable prices and customers at ease.
3. Market structure: USDT (Tether) dominates the stablecoin market, but the participation of JD.com and Xiaomi may make the market structure like the stock market, with new dark horses.
4. JD.com Coin Chain Technology: JD.com's wholly-owned subsidiary, focusing on blockchain technology, is like a pastry chef who focuses on making cakes, professional and enthusiastic.
5. JD.com's blockchain history: JD.com has been flirting with blockchain technology since 2017, and now it has finally decided to officially "get married" and launch its own stablecoin.
6. Reasons for joining: JD.com's entry into the stablecoin market may be to make up for its past regrets in the payment field, just like missing first love and now seizing the second chance.
7. Cross-border payment efficiency: JD.com hopes to improve cross-border payment efficiency through stablecoins, just like a courier riding an electric bike, with faster speed and more thoughtful service.
8. Considerable profits: Tether's profits are enviable, and JD.com and Xiaomi also want to share a piece of the pie. After all, who doesn't want to dig treasures in the gold mine of digital currency?
9. E-commerce giants’ anxiety about going overseas: Cooperation among giants may be a manifestation of the anxiety of Chinese e-commerce giants in overseas markets, just like traveling abroad, always wanting to bring back some local specialties.
Does the cooperation between #京东 #小米 indicate a new round of layout in the field of financial technology?！
#杰克逊霍尔年会
#币安Web3钱包
Recently, the Hong Kong Monetary Authority announced that JD.com CoinChain Technology (Hong Kong) is one of the first institutions to enter the "Sandbox" program for stablecoin issuers. What is the big news? What is the specific content?
Behind JD.com's issuance of stablecoin (JD-HKD), there are two Internet giants, Liu Qiangdong and Lei Jun.
Stablecoin is a cryptocurrency pegged to a fiat currency or other assets, designed to reduce price fluctuations. Compared with highly volatile cryptocurrencies such as Bitcoin, it provides a relatively stable form of cryptocurrency, usually pegged to a fiat currency at a 1:1 ratio.
JD.com and Xiaomi enter the Web3 field:
1. JD.com and Xiaomi join forces: The two big guys, Liu Qiangdong and Lei Jun, decided to make some big news in the field of digital currency, just like two old friends opening a barbecue stall together, and they cooperated closely.
2. Stablecoin debut: JD.com's stablecoin JD-HKD is like discounted goods in a supermarket, with stable prices and customers at ease.
3. Market structure: USDT (Tether) dominates the stablecoin market, but the participation of JD.com and Xiaomi may make the market structure like the stock market, with new dark horses.
4. JD.com Coin Chain Technology: JD.com's wholly-owned subsidiary, focusing on blockchain technology, is like a pastry chef who focuses on making cakes, professional and enthusiastic.
5. JD.com's blockchain history: JD.com has been flirting with blockchain technology since 2017, and now it has finally decided to officially "get married" and launch its own stablecoin.
6. Reasons for joining: JD.com's entry into the stablecoin market may be to make up for its past regrets in the payment field, just like missing first love and now seizing the second chance.
7. Cross-border payment efficiency: JD.com hopes to improve cross-border payment efficiency through stablecoins, just like a courier riding an electric bike, with faster speed and more thoughtful service.
8. Considerable profits: Tether's profits are enviable, and JD.com and Xiaomi also want to share a piece of the pie. After all, who doesn't want to dig treasures in the gold mine of digital currency?
9. E-commerce giants’ anxiety about going overseas: Cooperation among giants may be a manifestation of the anxiety of Chinese e-commerce giants in overseas markets, just like traveling abroad, always wanting to bring back some local specialties.
Does the cooperation between #京东 #小米 indicate a new round of layout in the field of financial technology?！
#杰克逊霍尔年会
#币安Web3钱包
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No need to go through the process, just deduct the money directly
Today's turnover was 510 billion, and the market median fell by 0.4%. A-shares are now in a serious liquidity crisis. There is almost no capital injection, but people continue to withdraw money, just like a gradually drying pond, the water level drops, and the water area becomes smaller and smaller.
In the past, there were usually reasons for stock declines, but now, if there is no special reason, your stock will naturally decline as liquidity decreases. So don't ask why, decline is the norm.
Today I saw someone complaining in a WeChat group, saying that there is no need to display the stock price during trading in the future, and the money can be deducted directly at 3 o'clock. Actually... it's not impossible, especially when watching the decline every second, it is better to close the market directly, at least people can work peacefully for 4 hours during trading and be a qualified battery.
In the past, there were usually reasons for stock declines, but now, if there is no special reason, your stock will naturally decline as liquidity decreases. So don't ask why, decline is the norm.
Today I saw someone complaining in a WeChat group, saying that there is no need to display the stock price during trading in the future, and the money can be deducted directly at 3 o'clock. Actually... it's not impossible, especially when watching the decline every second, it is better to close the market directly, at least people can work peacefully for 4 hours during trading and be a qualified battery.
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There is one unexpected thing
Last night, someone in the commentary booth asked me why Qujiang Cultural Tourism, which runs the Tang Dynasty City That Never Sleeps in Xi'an, lost nearly 200 million in the first half of the year. My first instinct was that there was a problem with cost control. After the market closed, I verified it and found that the situation was more complicated.
First of all, although the Tang Dynasty City that Never Sleeps is a popular tourist attraction, it does not charge admission and has a large flow of traffic, but the per capita consumption is low. Qujiang Cultural Tourism is a light-asset agency operation, earning revenue sharing. In the end, the listed company only received a very thin profit, earning more than 200,000 in the first half of the year.
Secondly, Qujiang Tourism has a large amount of accounts receivable from local institutions and organizations, and in the first half of the year, it made a provision for bad debts of nearly 200 million yuan, which was the main source of losses in the first half of the year. The parties involved in the bad debts are the Xi'an Qujiang New District Business Asset Management Center, the Xi'an Qujiang Daming Palace Ruins Area Protection and Reconstruction Office, and the Xi'an Qujiang Cultural Industry Development Center, with a total bad debt of more than 500 million yuan.
First of all, although the Tang Dynasty City that Never Sleeps is a popular tourist attraction, it does not charge admission and has a large flow of traffic, but the per capita consumption is low. Qujiang Cultural Tourism is a light-asset agency operation, earning revenue sharing. In the end, the listed company only received a very thin profit, earning more than 200,000 in the first half of the year.
Secondly, Qujiang Tourism has a large amount of accounts receivable from local institutions and organizations, and in the first half of the year, it made a provision for bad debts of nearly 200 million yuan, which was the main source of losses in the first half of the year. The parties involved in the bad debts are the Xi'an Qujiang New District Business Asset Management Center, the Xi'an Qujiang Daming Palace Ruins Area Protection and Reconstruction Office, and the Xi'an Qujiang Cultural Industry Development Center, with a total bad debt of more than 500 million yuan.
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