JD Chain Technology, under the JD Technology Group, has announced plans to issue a cryptocurrency stablecoin pegged to the Hong Kong Dollar (HKD) within the region. This innovative move aims to introduce more stable and transparent digital currency options to the market through the use of blockchain technology. The stablecoin will be issued on a public blockchain, with its value supported by a basket of highly liquid and reputable assets stored in segregated accounts at licensed financial institutions. To ensure transparency and security of asset reserves, JD Chain Technology (HK) will regularly disclose and undergo audits to verify the completeness and legality of the reserve assets. This project has received approval from the Hong Kong Monetary Authority, indicating its active exploration and steady development in the cryptocurrency field. The released stablecoin is expected to fill the gap in the market's demand for stable digital currencies, providing investors and traders with a more reliable option. This also marks another significant milestone for JD in the field of fintech innovation, reflecting its commitment to driving the healthy and sustainable development of the cryptocurrency industry.