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

Market Intelligence Analysis

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Why This Matters

Alibaba is reportedly working on a bank-backed deposit token to facilitate cross-border payments, amid increasing regulatory pressure from China on stablecoins. This move could position Alibaba favorably in the evolving digital payment landscape.

Market Impact

Market impact analysis based on bullish sentiment with 68% confidence.

Sentiment
Bullish
AI Confidence
68%

Article Context

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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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Original article published by Unknown on November 14, 2025.
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