Post by: Administrator on November 15, 2025, 08:37:47 AM
Alibaba’s global e-commerce arm is reportedly developing a bank-backed deposit token for cross-border payments as Beijing tightens its crackdown on stablecoins.
Source: Alibaba weighs deposit token as China clamps down on stablecoins: Report (https://cointelegraph.com/news/alibaba-jumps-on-deposit-tokens-amid-china-s-stablecoin-crackdown?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound)