Alibaba’s Tokenized Payment Set to Transform International Trade with Real-Time Settlements
- Alibaba and JPMorgan launch Agentic Pay, a tokenized B2B payment system using deposit tokens for instant cross-border settlements. - The platform integrates AI for automated contract generation, streamlining trade documentation while avoiding stablecoins and crypto volatility. - Backed by bank-held fiat deposits (JPMorgan's JPMD tokens), it aligns with China's regulatory preferences and offers yield-bearing features for institutional users. - Projected to process billions annually, the system could redef
Alibaba Group Holding Ltd. is set to introduce a tokenized payment platform by December, aiming to transform cross-border B2B payments,
The new service, named "Agentic Pay," will incorporate AI to
Unlike stablecoins, which are generally supported by assets such as bonds or fiat reserves, Alibaba's tokenized payment system uses "deposit tokens" that are directly linked to actual
This initiative comes as China increases oversight of stablecoins, which are often issued by non-bank organizations and operate in a regulatory gray area. Alibaba's deposit tokens, which are backed by fiat currency held in banks, are consistent with China's preference for centralized, bank-supported digital money
Experts estimate that this collaboration could handle billions of dollars in settlements each year, positioning Alibaba at the forefront of tokenized B2B financial services
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Ethereum News Update: Major investors redirect funds toward AI infrastructure as they reduce holdings in Nvidia
- Bridgewater cut 65.3% of its Nvidia stake in Q3 2025, reflecting institutional caution amid macroeconomic risks and AI-driven capital reallocations. - SoftBank fully exited its $5.8B Nvidia position to fund new AI ventures, while Bridgewater boosted holdings in AI chip manufacturing firms AMAT and LRCX . - Ethereum institutions increased 34% ETH holdings despite price declines, signaling blockchain's growing role in AI infrastructure alongside traditional tech stocks. - Analysts remain bullish on Nvidia'
XRP News Today: XRP ETF Makes History with Nasdaq Launch, Connecting Cryptocurrency and Traditional Finance
- Canary XRP ETF (XRPC) became first U.S. spot XRP ETF on Nasdaq on November 13, 2025, marking XRP's entry into traditional finance. - The SEC-approved fund saw $58M in first-day trading volume, surpassing expectations and outperforming Solana's BSOL ETF debut. - Managed by Canary Capital with 0.5% fees, it reflects regulatory progress after months of scrutiny and aligns with Bitcoin/Ethereum ETF inflow patterns. - Despite XRP's 2.7% post-launch dip, analysts view XRPC as a positive catalyst, with JPMorgan
UN Criticizes Brazil Over COP30 Security Shortcomings and Infrastructure Issues Amid Rising Concerns About Credibility
- UN Climate Chief Simon Stiell condemned Brazil for COP30 security failures after 150 protesters breached the venue, damaging property and injuring staff. - Letter highlighted unsecured doors, inadequate personnel, and infrastructure issues like malfunctioning AC, water leaks, and substandard delegate facilities. - Hosting in Belém, a city with limited infrastructure, drew criticism as delegations face lodging shortages, unfinished pavilions, and payment system challenges. - UN demanded urgent fixes to sa
Hyperliquid's Recent Rise in Attention from Retail Investors: The Impact of Retail-Fueled Liquidity on the Evolution of DeFi Trading Patterns
- Hyperliquid's retail-driven growth, fueled by token airdrops and buybacks, boosted 2025 trading volume to $320B and protocol revenue to $86.6M. - The platform's 6.1% global derivatives market share and $2.15B TVL highlight its impact on DeFi liquidity and institutional adoption. - Challenges include regulatory scrutiny and a 11.2% institutional market share decline due to tokenomics issues like a $10.8B HYPE unlock over two years.
Trending news
MoreCrypto prices
More
