🧐 Does the impressive JD stablecoin have anything to do with us?

The official layout of the JD stablecoin indicates that:

The stablecoin approach in mainland China is gradually transitioning from "regulation-led e-CNY" to a strategy of "enterprise-led, compliant overseas expansion, primarily B-end applications."

I feel this is a pragmatic and realistic overseas strategy amidst an unclear regulatory framework and the central bank digital currency (e-CNY) focusing on retail C-end.

So the question arises, does it have anything to do with the people?

As mentioned above, the mainland stablecoin follows a path of "enterprise-led, compliant overseas expansion, prioritizing B-to-B," leveraging cross-border settlement and payment to reduce costs and improve efficiency.

It has almost nothing to do with the people!

You can't use it, you can't touch it, and you can't benefit from airdrops; this is not DeFi, not a public chain narrative, not Web3, but an extension of state-owned enterprise thinking on the blockchain.

Don't be fooled by the three words "stablecoin"; this game is about capital flow, corporate settlement, and replacing the dollar, with no consideration for the welfare of the people.