JINGDONG Coinlink Technology Hong Kong Limited, JD.com's stablecoin issuance entity, has an inaccessible official website, although corporate registry data lists the company as still registered. The exact time the website went offline is unknown. JINGDONG Coinlink entered the Hong Kong Monetary Authority's stablecoin issuer sandbox in July 2024 and had announced plans for a stablecoin pegged 1:1 to the Hong Kong dollar. When the HKMA issued its first batch of stablecoin licenses in April 2026, only Anchorpoint, a joint venture led by Standard Chartered Bank, and HSBC were approved; JINGDONG Coinlink was not among the recipients.