JD.com, a major Chinese e-commerce firm, plans to apply for stablecoin licenses in key global markets to cut cross-border payment costs by 90% and enable settlements within 10 seconds. Founder Liu Qiangdong announced the initiative, which initially targets business-to-business transactions, during a media briefing in Beijing. This move aligns with the recent US Senate approval of the GENIUS Act, setting federal guidelines for stablecoins. JD.com aims to enhance its international business models, potentially expanding to consumer payments in the future.