US EditionAlibaba and JPMorgan Plan Tokenized B2B Payments by 2025
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4 Articles
The company is modernizing its B2B ecosystem with a settlement layer that uses digital deposits to expedite international payments. Read more
Alibaba and JPMorgan to Revolutionize B2B Commerce with Tokenized Dollar and Euro Payments
A New Era for Global Trade: Alibaba Taps JPMorgan’s Blockchain Global commerce has long been plagued by a fundamental challenge: moving money across borders is slow, complex, and expensive. For the millions of businesses on platforms like Alibaba.com, this friction translates to delayed payments, high transaction fees, and operational headaches. But a major shift is underway. E-commerce giant Alibaba is partnering with banking titan JPMorgan to o
Alibaba Advances Cross-Border Trade With Tokenized Currency Settlement
Alibabas global B2B marketplace is preparing a major upgrade to how international payments move across its platform, aiming to make transactions faster, cheaper and more efficient through the use of tokenized fiat currencies. Speaking with CNBC, Alibaba.com president Kuo Zhang revealed that the company will begin integrating tokenized deposits backed by major currencies such as the U.S. dollar and euro, marking a significant step toward blockcha…
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