Alibaba & JPMorgan Launch Tokenized B2B Payment System by 2025

Alibaba and JPMorgan are teaming up to launch a new tokenized B2B payment system, Agentic Pay, designed for faster transactions and reduced costs in global trade. By December 2025, the system will use JPMorgan’s deposit tokens, backed by regulated fiat currencies like USD and EUR, to simplify international payments. This platform promises to revolutionize global trade payments by integrating blockchain technology with traditional finance and potentially cutting transaction costs by up to 70%. Alibaba’s commitment to digital infrastructure is evident in this ambitious project that aims to streamline B2B payment processes and optimize trade efficiency.