Sidestep China | Crypto

Alibaba has developed a deposit-token payment system and AI-driven subscription tools for cross-border B2B trade, as Chinese regulators have tightened restrictions on private stablecoins and encouraged bank-based tokenization aligned with Beijing’s digital finance priorities. The post Alibaba Develops Deposit Token to Sidestep China’s Fierce Stablecoin Crackdown: Report appeared first on Cryptonews.