joycoin

ChainCatcher news, according to Hong Kong media Ming Pao, JD Coin Chain has registered "JCOIN" and "JOYCOIN," which are expected to be names for related stablecoins. The report cites the registration description stating that the services involved with "JCOIN" and "JOYCOIN" include providing electronic fund transfers and cryptocurrency financial transactions through blockchain technology.It is reported that JD Coin Chain was shortlisted for the Monetary Authority's stablecoin sandbox program last year, and as of early June, it has reportedly been testing the Hong Kong dollar stablecoin in the sandbox and deploying experiments with other fiat currency stablecoins.

ChainCatcher news, according to Ming Pao Finance, JD.com (9618) has reportedly registered the names "JCOIN" and "JOYCOIN" for its JD Coin Chain, with the market expecting these to be the names of its stablecoins. The registration details indicate that related services include electronic fund transfers and cryptocurrency financial transactions using blockchain technology.JD Coin Chain is one of the participants in the Monetary Authority's stablecoin issuer sandbox program and previously collaborated with Tianxing Bank last July to test a stablecoin-based corporate cross-border payment solution. 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 application scenarios: cross-border payments, investment transactions, and retail payments.