JD.com took action for global stablecoin licenses: "We will reduce SWIFT to 10 seconds"
According to the Chinese-based e-commerce giant JD.com, its founder Richard Liu, it is preparing to enter the application process for Stablecoin licenses worldwide. The company's goal: revolutionizing globally B2B transactions.
Richard Liu, the founder and chairman of JD.com, announced at a press conference in Beijing on Tuesday that the company plans to apply for a stablecoin license in countries with all large dominant currencies.
“Our aim is to make JD’s stablecoin and global money transfers for the business world quickly and cheap. When compared to the current SWIFT system, 90 %cheaper and transactions completed in just 10 seconds will be possible.”
🌐 New competition area between Chinese companies: Stablecoin licenses
This move of JD.com came at a time when other Chinese technology giants such as Ant Group were directed to similar license applications. Last week, the international branch of Ant Group announced that it would apply for a stablecoin export license in Hong Kong.
These developments show that Chinese technology giants want to take part not only in the domestic market, but also in global payment systems.
🏦 remarkable explanation from the Central Bank of China
JD.com’s Stablecoin initiative coincides with the statements made by Pan Gongsheng, the Chinese Central Bank President Pan Gongsheng on Wednesday. Gongsheng said that Blockchain technology and stablecoins revolutionized payment systems:
“Stablecoins significantly increased the productivity of cross -border payments. However, these technologies also cause serious difficulties for financial auditors.”
💹 JD.com’s growth figures are strong
This new move of JD.com is supported with impressive financial data:
2025 1st quarter income: 301.1 billion RMB (~ 41.5 billion dollars)
2024 -year income: 1,158.8 billion RMB (~ 158.8 billion dollars)
With these figures, JD is positioned as one of China’s largest e-commerce giants, along with Alibaba and Pinduoduo.
📌 Conclusion: Chinese giants enter the global digital money area
JD.com’s statements are not only the technological breakthrough of a private company; It also shows that Chinese -based technology companies are preparing for a global competition in the field of digital finance. Stablecoin licenses and blockchain-based payment systems can shape the new global money infrastructure of e-commerce in the coming years.
