On November 14, CNBC reported that Alibaba Group's cross-border e-commerce division is planning to launch an artificial intelligence-based subscription service and is partnering with JPMorgan Chase to test a "stablecoin-like" payment method to improve cross-border settlement efficiency.The report pointed out that the payment tool may be used for international trade and service transactions, aiming to reduce the uncertainty caused by exchange rate fluctuations and shorten settlement times.[BlockBeats]
On November 14, CNBC reported that Alibaba Group's cross-border e-commerce division is planning to launch an artificial intelligence-based subscription service and is partnering with JPMorgan Chase to test a "stablecoin-like" payment method to improve cross-border settlement efficiency.The report pointed out that the payment tool may be used for international trade and service transactions, aiming to reduce the uncertainty caused by exchange rate fluctuations and shorten settlement times.[BlockBeats]
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