JD.com Stablecoin Hits Phase 2 Hong Kong Sandbox Testing and Targets Global Payments

JD.com has entered Phase 2 of Hong Kong’s stablecoin sandbox with a fiat-pegged token aimed at cross-border payments, enterprise settlement and retail use. The firm cites supportive regulation and plans a wider launch after compliance checks, urging users to avoid unofficial purchase offers.
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NFT Lending Volume Crashes 97% as Sector ‘Matures’, says DappRadar

NFT lending volumes have collapsed 97% since Jan 2024, falling from nearly $1 billion to $50 million. Analysts trace the slide to fading airdrop incentives and liquidations, yet consider it a maturation phase as protocols cater to long-term collectors and adopt real-world asset collateral.
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