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

By: theblockbeats.news|2025/11/14 19:45:51
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

Stop Talking About Gold, Bitcoin Is Not a Safe Haven Asset

One cannot rely on macro narratives like "Gold Rotation" to determine whether Bitcoin has bottomed. True bottom signals will only appear during position unwinding and extreme pessimistic sentiment.

Aave Founder: What Is the Secret of the DeFi Lending Market?

When on-chain lending becomes significantly cheaper to operate end-to-end compared to traditional lending, mass adoption becomes not a question of if, but of when.

The Trader's Playbook: 7 Market Cycle Lessons From LALIGA’s 90 Minutes

What do LALIGA matches teach about crypto markets? Learn how consolidation, breakouts, and late-cycle volatility shape disciplined trading decisions.

How Smart Money Tracker Survived Live AI Trading at WEEX AI Hackathon

Discover how WEEX AI Trading Hackathon tested strategies with real capital—no simulations. See how Smart Money Tracker survived flash crashes and leveraged 18x in live markets.

80% Win Rate to 40% Drawdown: An AI Trader's Brutal Recalibration at WEEX AI Wars

Dive into the technical blueprint of an AI trading system built on LLaMA reasoning and multi-agent execution. See how Quantum Quaser uses confidence thresholds & volatility filters at WEEX AI Wars, and learn the key to unlocking 95% win rate trades.

AI Trading Strategy Explained: How a Beginner Tiana Reached the WEEX AI Trading Hackathon Finals

Can AI trading really outperform human emotion? In this exclusive WEEX Hackathon finalist interview, discover how behavioral signal strategies, SOL trend setups, and disciplined AI execution secured a spot in the finals.