Alibaba's Cross-Border Division plans to launch an AI subscription service and a stablecoin payment system.

PANews reported on November 14 that Alibaba Group Holding Ltd. is planning to launch an AI-based subscription service through its cross-border e-commerce department, and is collaborating with JPMorgan Chase & Co. to trial a payment solution similar to a stablecoin, aimed at improving the efficiency of cross-border settlements. This plan may allow customers to use this digital payment tool for international trade and service transactions, thereby reducing the risks associated with Exchange Rate fluctuations and settlement time.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.
Comment
0/400
No comments