PANews|Nov 14, 2025 09:52
[Alibaba Cross-Border Division Plans to Launch AI Subscription Service and Stablecoin-Like Payment System]
According to CNBC, the cross-border e-commerce division of Alibaba Group Holding Ltd. (Alibaba) is planning to introduce an AI-based subscription service and, in collaboration with JPMorgan Chase & Co. (JPMorgan Chase), pilot a 'stablecoin-like' payment solution aimed at improving cross-border settlement efficiency. The initiative may allow customers to use this digital payment tool for international trade and service transactions, thereby reducing risks associated with exchange rate fluctuations and settlement time.
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