Alibaba plans AI subscriptions, stablecoin-like payments with JPMorgan

Alibaba plans AI subscriptions, stablecoin-like payments with JPMorgan

Key Points Alibaba plans to use “tokenization” of payments for cross-border transactions in its business-to-business arm. Kuo Zhang, president of Alibaba.com told CNBC the company would work with JPMorgan, which has its own tokenization technology. The cross-border e-commerce unit also launched new AI features to help connect suppliers and buyers on its global platform. Alibaba…

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