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

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

The report indicates that this payment tool may be used for international trade and service transactions, aiming to reduce uncertainty caused by exchange rate fluctuations and shorten settlement times. (CNBC)