China’s JD.com Registers Trademarks for JCOIN and JOYCOIN

JD.com, a Chinese e-commerce company, has registered trademarks for “JCOIN” and “JOYCOIN” in hopes of a stablecoin push. This has led to speculation that the company may launch its stablecoins. Reports suggest that these names could be linked to JD.com’s future digital assets, indicating the company’s potential entry into the growing stablecoin market. JD.com Move Signals Potential Stablecoin Launch Recall that it was reported that the technology-driven company is preparing to launch a new digital currency called the JD Stablecoin. This stablecoin will be linked to the Hong Kong dollar (HKD) at a 1:1 ratio. Notably, JD stablecoin will be issued on a public blockchain, ensuring transparency and decentralized validation. Meanwhile, the newly filed trademarks for JCOIN and JOYCOIN will cover various crypto-related services like fund transfers using blockchain, digital payments, and cryptocurrency transactions. This means JD.com is also getting ready to offer crypto and blockchain financial services. It is also worth noting that the e-commerce giant’s trademark registration comes at an important time, as Hong Kong’s rules for stablecoins take effect on August 1. These rules will provide clear guidelines for companies that issue stablecoins. Hong Kong Vows to Stay Open for Digital Assets In February 2025, Hong Kong’s financial secretary, Paul Chan Mo-po, reaffirmed the city’s commitment to becoming a leading crypto-friendly financial center. He stated that the country remains open and dedicated to digital assets, emphasizing its investment in Web3 infrastructure and talent development. His remarks highlight the city’s efforts to position itself as a regional crypto hub , distinguishing itself from mainland China’s strict anti-crypto stance. Hong Kong has introduced crypto-friendly policies. This includes a proposal to exempt hedge funds, private equity, and family offices from crypto capital gains taxes. Hence, attracting institutional investment. Understanding Stablecoin Regulatory Trends Interestingly, the stablecoin market has gained nearly $4 billion, pushing its total market capitalization above $264 billion. This surge is closely tied to the regulatory clarity the GENIUS Act provides. While all stablecoins share the goal of maintaining a stable value, they differ significantly in their methods. These tokens generally fall into four categories: fiat-backed, crypto-backed, algorithmic, and commodity-backed. Fiat-backed stablecoins, pegged 1:1 to fiat currencies like the U.S. dollar and backed by short-term government securities, dominate the market. They comprise 85% of the total stablecoin supply. Crypto-backed stablecoins, such as DAI, use overcollateralized crypto assets like Ethereum (ETH) and tokenized Bitcoin (BTC) to maintain stability. Meanwhile, algorithmic stablecoins adjust supply automatically to maintain their peg. Commodity-backed stablecoins, like Pax Gold, offer backing by assets such as gold and appeal to those seeking an inflation hedge. However, they may face challenges related to liquidity and custody. The post China’s JD.com Registers Trademarks for JCOIN and JOYCOIN appeared first on TheCoinrise.com .

Source: The Coin Rise