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JD's subsidiary JD Chain has registered JCOIN and JOYCOIN.
——or the name of the stablecoin under its brand
#btc# ETh#pi
JD (9618) under JD Coin Chain has reportedly registered the names "JCOIN" and "JOYCOIN", which the market expects to be the names of its stablecoins. The registration description indicates that the related services include electronic fund transfers and cryptocurrency financial transactions via blockchain technology.
JD Coin Chain is one of the participants in the Monetary Authority's stablecoin issuer sandbox program. 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 other fiat currency stablecoin experiments. Its CEO, Liu Peng, stated last month that the second phase of testing will focus on three major application scenarios: cross-border payments, investment transactions, and retail payments.