A Shock Move in Global Payments
Key Highlights:
• Alibaba and JPMorgan will launch a tokenized B2B payment system using JPMD deposit tokens by December 2025.
• The system replaces slow cross-border transfers with AI-automated, blockchain-verified settlement across global merchants.
Yello Paradisers! Alibaba is making one of its most aggressive fintech pushes yet, partnering with JPMorgan to roll out Agentic Pay, a tokenized B2B payment system scheduled to go live by December 2025.
The timing is no coincidence. Cross-border payments have become painfully slow, increasingly expensive, and dangerously outdated for a marketplace the size of Alibaba. This new system signals a shift toward real-time, blockchain-verified settlement that could leave traditional banks looking like dial-up internet.
Tokenization Without Breaking China’s Rules
Agentic Pay runs on JPMorgan’s Kinexys blockchain network, a rails system already used by major global banks. Instead of public-crypto assets or volatile stablecoins, it uses JPMD deposit tokens, tokenized fiat currencies backed by regulated banking infrastructure.
This lets Alibaba enjoy the speed of blockchain without violating China’s restrictions on stablecoins or digital tokens. In simple terms: they get the benefits of Web3 without the regulatory headaches.
A classic Sutherland twist here is that deposit tokens aren’t trying to change money; they’re trying to make it less annoying.
Smart Contracts Turn Chat Messages Into Automated Trade Deals
Agentic Pay will bake AI into every part of the workflow, allowing merchants to move from messaging to contract to settlement automatically. This includes:
• auto-generated B2B contracts based on chat discussions
• settlement triggers linked to shipment or delivery events
• smart-contract dispute processes that run on predefined rules
It’s the sort of automation where you begin by thinking it will save you five minutes, and end by wondering why you ever tolerated the old system at all.
24/7 Payments, Lower Fees, Higher Security
By shifting settlement onto blockchain rails, the system provides:
• real-time global payments
• lower fees than legacy correspondent banks
• full traceability with tamper-resistant records
For Alibaba’s tens of millions of global merchants, this is not a tweak. This is a full replacement of the financial plumbing that supports global trade.
Tokenized Finance Goes Corporate
Alibaba now joins Siemens, BlackRock, and Franklin Templeton in deploying real-world tokenization at scale. The difference here is that Alibaba controls one of the world’s largest B2B ecosystems, meaning Agentic Pay could instantly become the biggest real-world adoption of enterprise tokenized payments.
And if it works, legacy banking rails may have just met their first major competitor in 50 years.
And for traders: movements like this often accelerate institutional blockchain adoption, which we’ll continue tracking inside MCP News Private. It costs just 3 dollars a month, less than the price of bottled water in most airports, yet gives you insights you definitely can’t drink.
We will also analyze its impact in our MCP Youtube stream. ParadiseFamilyVIP will follow this from the trading perspective as well.
