BlockBeats News reported on June 19 that, according to The Paper, JD.com responded to reporters regarding the topic "planning to launch a stablecoin as early as the fourth quarter of this year" by stating: "The statement is accurate, but the timing has a clear prerequisite: the specific timeline depends on regulatory approval. We hope to obtain a license in early Q4 this year and simultaneously launch the JD Stablecoin. The JD Stablecoin will be issued on a public blockchain, allowing anyone to openly review data such as the issuance volume at that time."