According to foreign media reports, Liu Peng, CEO of JD Technology's JD Coin Chain Technology, recently stated that the company is testing compliant stablecoins anchored to the Hong Kong dollar and other currencies in the Hong Kong Monetary Authority's "sandbox". It is planned to be launched as early as the fourth quarter of this year, and will first be used in JD Global's Hong Kong and Macau settlement scenarios. Liu Peng pointed out that JD's stablecoin will focus on the traditional cross-border trade market, connecting the real payment needs in Asia Pacific, the Middle East, Africa and other regions with its compliance, security, and auditability. On June 19, JD responded to reporters that the relevant statement was accurate, but the previous time point had a clear premise: the specific timetable depends on supervision, "We expect to obtain a license in the early fourth quarter of this year and launch JD's stablecoin at the same time. JD's stablecoin will be issued on the public chain, and anyone can publicly view data such as the issuance volume at that time."