The Chinese e-commerce giant JD.com joins the DeFi race.

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JD.com, the second largest e-commerce company in China with an annual revenue of over 150 billion USD, has quietly posted a job opening for a DeFi specialist. This retail investor group is looking for personnel with deep knowledge of DEX, lending, derive, and token economics.

This move comes as Hong Kong's stablecoin licensing regime officially takes effect from August 1, opening a legal compliance channel for large corporations to issue fiat-pegged digital currencies.

Not only limited to stablecoins, JD reveals a larger vision with the PayFi model – combining payments and financial services programmed through smart contracts. For example, providers can receive on-chain debt tokens as soon as JD confirms delivery, and then use these tokens to collateralize instant loans, split them, or make direct payments to partners. JD can also tokenize real assets such as debts, warehouse receipts, and logistics orders, unlocking enormous value in the trillion-dollar supply chain.

While Ant Group focuses on compliance tools and Tencent maintains a safe position, JD chooses a dual strategy: developing the "Zhizhen Chain" domestically for compliance industrial blockchain applications; internationally targeting stablecoins, DeFi, and tokenized finance. This approach could create a competitive advantage if successfully implemented.

Chinese e-commerce giant JD.com joins the DeFi race

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