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]
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]
Powered by ChatGPT
Scan QR Code to Explore more key information
One-stop financial research platform for Crypto Investors