$90B Chinese giant JD.com touts stablecoin plan as solution to cross-border payment delays

JD. com, the $90 billion Chinese e-commerce powerhouse, has announced an ambitious plan to reinvent how money moves across borders using stablecoins. The company says its new blockchain-based payment infrastructure could cut the time and cost of international transactions dramatically, with near-instant settlements and fees slashed by as much as 90%. The announcement came from JD’s […] source: https://www.cryptopolitan.com/jd-com-touts-stablecoin-plan/