On July 24, JD.com will issue a Cryptocurrency stablecoin pegged 1:1 to the Hong Kong dollar in Hong Kong. According to the official website of JD Chain Technology (Hong Kong), a subsidiary of JD Technology Group, JD Stablecoin is a stablecoin based on the public chain and pegged 1:1 to the Hong Kong Dollar (HKD), which will be issued in the public Blockon-chain, and its reserves are composed of highly liquid and credible assets, which are safely stored in the independent account of a licensed financial institution, through regular disclosure and audit reports, The integrity of the reserves is rigorously verified. Previously, on July 18, the Hong Kong Monetary Authority announced the list of participants in the "sandbox" of stablecoin issuers, including JD Coinlink Technology (Hong Kong) (JINGDONG Coinlink).