Alibaba's cross-border business plans to launch an AI subscription service and test a stablecoin payment solution

Alibaba Group's cross-border e-commerce division is planning to launch an AI-based subscription service and is collaborating with JPMorgan to test a "stablecoin-like" payment method to enhance the efficiency of cross-border settlements.

Reports indicate that this payment tool may be used for international trade and service transactions, aiming to reduce the uncertainty brought by exchange rate fluctuations and shorten settlement times. (CNBC)