Alibaba Will Launch Tokenized Payments in Collaboration with JPMorgan and AI Subscriptions

• Alibaba is planning to launch AI subscriptions and presented a new AI Mode feature.
• The company will also test tokenized transactions for international trade in cooperation with JPMorgan Chase.
• It will integrate dollar and euro tokenization for instant global payments.

Alibaba is expanding the capabilities of its B2B unit Alibaba.com by introducing subscription-based artificial intelligence (AI) services and preparing to launch tokenized payments similar to stablecoins in partnership with JPMorgan. Alibaba.com President Kuo Zhang told CNBC.

He stressed that the company plans to use tokenization to speed up and reduce the cost of international transactions.

According to the president of Alibaba.com, the biggest transformation concerns tokenized payments.

Zhang explained that the company plans to use tokenized versions of the dollar and euro, which will allow for instant funds to be sent between Europe, Hong Kong, Singapore, and China without going through multiple intermediary banks.

He noted that transactions will be able to take place “simultaneously” between key financial centers. For this purpose, Alibaba will cooperate with JPMorgan Chase, which this year launched its own token for B2B payments — JPMD.

Regarding stablecoins, Zhang noted that the company will “evaluate” the possibility of using them after testing tokenized transactions.

The number of active suppliers on the platform increased by 50% year-on-year between March and October. Zhang noted that the company is investing in expanding its global manufacturer base:

Alibaba.com also presented a new AI Mode feature — an in-depth AI search that compares suppliers by price, logistics, and production capabilities. This is supposed to “reshape global trade” and increase the platform’s efficiency.

The company is considering a new monetization model — an AI Mode subscription for around $20 per month or $99 per year, although prices have not yet been finalized. This will complement the division’s growth, which generated more than $3 billion in revenue last year.

In addition, Alibaba is actively investing in its own AI technologies: in 2025, the company introduced the Qwen2.5-Max and Qwen3 models, which, according to Alibaba, are superior to OpenAI, Google, and DeepSeek solutions. AI development has become a key focus for the entire group.

In December, Alibaba.com plans to launch an agent payment service, an AI function that will automatically generate contracts between buyers and suppliers based on their correspondence.

Crypto payments and tokenization are becoming increasingly relevant for the Alibaba Group ecosystem, in particular:

• In June of this year, Ant Group, a subsidiary of Alibaba, announced plans to obtain licenses to issue stablecoins in Hong Kong and Singapore
• In the United States, large corporations such as Walmart and Amazon are also exploring the possibility of launching stablecoins, pending the finalization of the GENIUS Act legislation.