Alibaba to Use JPMorgan’s Blockchain for Tokenized Dollar and Euro Payments: CNBC

CoinDesk•Saturday, November 15, 2025 at 8:00:30 PM

Alibaba's recent decision to adopt JPMorgan's blockchain for tokenized dollar and euro payments reflects a significant shift in the cryptocurrency landscape. This move comes amid China's tightening regulations on stablecoins, as highlighted in related reports. The necessity for efficient payment systems is underscored by concerns that the UK may lag behind the US and EU without a GBP stablecoin. As Alibaba explores new financial technologies, the integration of blockchain could enhance transaction efficiency and support the growing demand for digital currencies.

— via World Pulse Now AI Editorial System

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