Kuo Zhang, President of Alibaba’s International Station, recently discussed the company’s use of blockchain tokenisation technology in a CNBC interview.
Unlike stablecoins, this approach focuses directly on tokenising traditional currencies such as euros and US dollars. The goal is to allow buyers and sellers to transact 24/7, shorten payment cycles, and reduce fees.
Faster Payments Without Multiple Banks
Traditionally, international payments move through several banks, which can take days and add extra costs. Alibaba’s tokenisation technology changes this process. When a European or American buyer pays in euros or dollars, the funds no longer need to travel through multiple banks. Instead, the money is converted into tokens on a blockchain, moves through Alibaba’s payment network, and reaches financial hubs like Hong Kong or Singapore in real time before being sent to China. This method improves efficiency and ensures smoother cash flow for businesses involved in international trade.
A real-world example comes from Alibaba’s ongoing collaboration with European suppliers. Using tokenisation technology, a supplier in Germany can receive payment almost instantly after shipping goods to China. Previously, this process could take three to five business days. By cutting this time, businesses can better manage inventory, plan production, and respond quickly to market demand.
Partnerships and Future Plans
Alibaba is working with JPMorgan Chase to integrate their systems for compliance and real-time transfers. This partnership ensures that tokenised payments follow international regulations while remaining fast and reliable. Tokenisation currently applies to euros and US dollars, but Zhang noted that the company plans to introduce stablecoins in the future to further streamline payments.
Alibaba: Optimizing Global Trade Settlements with Tokenization Technology
Kuo Zhang, President of China’s Internet giant Alibaba’s International Station, talked about the practice of optimizing cross-border payments by relying on blockchain tokenization technology during an… pic.twitter.com/W7Jt26PW4V
— Wu Blockchain (@WuBlockchain) November 26, 2025
The trend toward tokenisation reflects a larger movement in global finance. According to a 2024 World Bank report, cross-border transaction fees average around 3%, costing businesses billions annually. Blockchain technology, especially tokenisation, could reduce these fees and make international commerce more accessible to smaller enterprises.
Disclaimer
The information provided by Altcoin Buzz is not financial advice. It is intended solely for educational, entertainment, and informational purposes. Any opinions or strategies shared are those of the writer/reviewers, and their risk tolerance may differ from yours. We are not liable for any losses you may incur from investments related to the information given. Bitcoin and other cryptocurrencies are high-risk assets; therefore, conduct thorough due diligence. Copyright Altcoin Buzz Pte Ltd.
The post Alibaba Uses Tokenization to Streamline Global Payments appeared first on Altcoin Buzz.
