Alibaba and JPMorgan Team Up for a Blockchain-Based B2B Payment System

Alibaba, the world’s largest wholesale platform, has partnered with JPMorgan Chase to launch Agentic Pay, a groundbreaking tokenized payment system for global businesses on Alibaba.com. Set to launch by December 2025, this innovative system aims to revolutionize cross-border payments by replacing slow and costly traditional bank transfers with near-instantaneous settlements powered by AI.