🧐 Do these impressive stablecoins have anything to do with us?

JD's stablecoin layout officially states:

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

I feel this is a realistic and pragmatic overseas strategy in the context of 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 is following a path of "corporate-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 won'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 dollar substitution, with no regard for the welfare of the people.

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