Alibaba Teams Up with J.P. Morgan to Develop Tokenized Payment System

By: theblockbeats.news|2025/11/14 11:54:27
0
Share
copy

BlockBeats News, November 14th, Alibaba's cross-border e-commerce platform Alibaba.com announced a partnership with JPMorgan Chase to introduce a tokenized payment system, providing a faster cross-border settlement solution for its global B2B business.

This partnership is seen as one of the first large-scale implementations of bank-endorsed blockchain technology in the international trade field. The collaboration was announced at the CoCreate Europe event held in London.

Alibaba stated that it will leverage JPMorgan Chase's tokenization infrastructure to address long-standing pain points in cross-border B2B payments, such as multiple intermediaries, high exchange costs, and lengthy settlement cycles. Traditional cross-border payments often require multiple bank transfers, while tokenized payments can achieve synchronous cross-jurisdictional fund flows, significantly reducing delays and costs. (Jinse)

You may also like

Robinhood launches its own blockchain, no longer wanting to be a tenant on others' chains

While laying off employees and issuing bonds, it is the predictive market business that temporarily supports the income.

Why Tokenized Stocks Are Booming in 2026 While Crypto Is Still Struggling

Why are tokenized stocks booming while the crypto market struggles? Explore the latest 2026 data, institutional adoption, and what it means for traders.

From Pump.fun to Collector Crypt: Has Solana's income throne changed hands?

The revenue from consumer applications on Solana is no longer solely reliant on meme coin issuance, but is gradually spreading to more consumption scenarios.

Looking at Stripe's ambitions and the future of stablecoins from OUSD

Stripe enters the stablecoin network battle with OUSD, a comprehensive look at the third paradigm evolution of digital dollars and the new infrastructure for global payments in the AI era.

Do you want to buy CRCL?

A detailed breakdown of Circle's business fundamentals and valuation logic: The panic over OUSD and the market correction have triggered a short-term mispricing, presenting an opportunity for left-side positioning and legislative speculation below $60.

Wosh: Inflation has cooled in recent weeks, AI is reshaping the economy, and forward guidance has lost its necessity

Federal Reserve Chairman Waller clearly stated at the ECB forum that the Fed will abandon forward guidance on interest rates, with future decisions relying entirely on real-time economic data. He noted that inflation risks in the U.S. have decreased over the past four weeks, but the ultimate impact ...

Popular coins

Latest Crypto News

Read more
iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com