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Alibaba weighs deposit token as China clamps down on stablecoins: Report

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Alibaba weighs deposit token as China clamps down on stablecoins: Report
« on: November 15, 2025, 08:37:47 AM »
Alibaba weighs deposit token as China clamps down on stablecoins: Report

Alibaba weighs deposit token as China clamps down on stablecoins: Report

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.


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