According to Foresight News, according to the official website of JD Technology Group's JD Coinlink (Hong Kong), JD will issue a cryptocurrency stablecoin pegged to the Hong Kong dollar at a 1:1 ratio in Hong Kong. JD Stablecoin is a stablecoin based on a public chain and pegged to the Hong Kong dollar (HKD) at a 1:1 ratio. It will be issued on a public blockchain, and its reserves are composed of highly liquid and credible assets. These assets are securely stored in independent accounts of licensed financial institutions, and the integrity of the reserves is strictly verified through regular disclosure and audit reports.

Foresight News previously reported that the Hong Kong Monetary Authority announced the list of participants in the "Sandbox" for stablecoin issuers on July 18, including Jingdong Coinlink Technology (Hong Kong).