Alibaba's cross-border division plans to launch AI subscription services and stablecoin-like payment systems
2025-11-14 09:54:24
According to CNBC, the cross-border e-commerce unit of Alibaba Group Holding Ltd. (Alibaba) is planning to launch an artificial intelligence-based subscription service and partner with JPMorgan Chase & Co. (JPMorgan Chase) to pilot a "stablecoin-like" payment scheme aimed at improving cross-border settlement efficiency. The plan may allow customers to use this digital payment tool to buy and sell international trade and services, thereby reducing the risk of exchange rate fluctuations and settlement times.
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