Chinese Tech Giant Alibaba Plans Stablecoin‑Like AI Payments With JPMorgan

Bitcoin com 1 hour ago 147

Chinese Tech Giant Alibaba Plans Stablecoin‑Like AI Payments With JPMorgan

Alibaba’s cross‑border e‑commerce unit said it will roll out new artificial intelligence (AI) subscription features and explore a stablecoin‑like tokenization system for B2B payments using JPMorgan’s tokenization technology. Kuo Zhang, president of Alibaba.com, told CNBC the initiative aims to simplify cross‑border settlement by using tokenized fiat for faster, more uniform payments across its global platform. […]

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