JZ Securities has officially stated that its products related to "stablecoin" and "virtual asset trading" are still in the nascent stages of research and scheme design. These endeavors are currently confronted with challenges including unclear application scenarios, an uncertain market size, and inherent risks associated with technology research and development, as well as commercialization. As of now, JZ Securities has not embarked on any form of business cooperation with JD.com Group concerning stablecoin.