JD CoinChain Technology CEO: Stablecoins are based on a decentralized technical architecture and hav

Liu Peng, CEO of JD Coin Chain Technology, recently said in an interview with Bloomberg Businessweek/Chinese Edition that many people misunderstand payment-type stablecoins as cryptocurrencies like Bitcoin and Ethereum, which are completely different. Stablecoins in Web3, like mobile payments in Web2, are essentially payment tools designed to reduce costs, increase efficiency, enhance user experience, and promote inclusive financial development through advanced technology and business models.