PANews reported on November 14th that, according to CNBC, Alibaba Group Holding Ltd.'s cross-border e-commerce division is planning to launch an AI-based subscription service and is partnering with JPMorgan Chase & Co. to pilot a "stablecoin-like" payment solution 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 times.PANews reported on November 14th that, according to CNBC, Alibaba Group Holding Ltd.'s cross-border e-commerce division is planning to launch an AI-based subscription service and is partnering with JPMorgan Chase & Co. to pilot a "stablecoin-like" payment solution 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 times.
Alibaba's cross-border e-commerce division plans to launch an AI subscription service and a stablecoin-like payment system.
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PANews reported on November 14th that, according to CNBC, Alibaba Group Holding Ltd.'s cross-border e-commerce division is planning to launch an AI-based subscription service and is partnering with JPMorgan Chase & Co. to pilot a "stablecoin-like" payment solution 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 times.
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