On June 17th, Liu Qiangdong placed the stablecoin strategy at the core of the company's blueprint for the first time, allowing the outside world to get a glimpse of JD.com's global financial vision. If JD.com wants to replicate "local JD.com" in the world's mainstream markets, it needs to equip each node with local settlement capabilities. This business-driven compliance requirement has given rise to a rigid pursuit of "local stablecoin licenses," which @Cobo_Global will explore in depth in this article.
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