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I have zero fucking clue why big online stores would even need a stable coin license?!
They could just issue store credit that is cash redeemable, open APIs for 3rd parties to treat that store credit like a digital dollar.
Faster cheaper and no need to be buying treasuries?!

17.6.2025
JD com Chairman Richard Liu said the company plans to apply for stablecoin licenses globally to reduce cross-border payment costs by 90% and cut settlement time to under 10 seconds. After B2B, JD aims to expand stablecoin payments to consumers worldwide.
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