PANews reported on April 22 that according to the National Business Daily, Shen Jianguang, Vice President and Chief Economist of JD.com Group, said in an exclusive interview that JD.com has entered the Hong Kong stablecoin "sandbox" testing phase and plans to improve global supply chain efficiency and cross-border payment capabilities by issuing stablecoins. Shen Jianguang said that once stablecoins are approved for issuance in Hong Kong, they are expected to be launched in multiple countries and regions, but they still need to follow the regulatory rules of different countries. For example, the EU MiCA requires setting up a company and applying for a license locally, while Japan can accept Hong Kong's issuance of coins. JD.com will actively promote global compliance layout and build a stablecoin infrastructure.