In a groundbreaking move for the B2B payment landscape, Alibaba and JPMorgan are set to unveil a new tokenized payment system called Agentic Pay by December 2025. This initiative aims to revolutionize international trade by leveraging blockchain technology and regulated tokenized fiat assets. The source reports that this system could significantly enhance transaction efficiency and security for businesses worldwide.
Introduction of Agentic Pay Platform
The Agentic Pay platform will utilize JPMorgan's deposit tokens, which are designed to enhance the efficiency of global trade transactions. According to Kuo Zhang from Alibaba, the system will incorporate tokenized deposits that are backed by fiat currencies, including the US Dollar and Euro.
Impact on B2B Trade
This innovative approach is expected to streamline the payment process for B2B trades, significantly reducing transaction times and costs. As a result, Agentic Pay could reshape the dynamics of global trade, making it more accessible and efficient for businesses worldwide.
In a related development, Story Protocol has launched a new platform that utilizes AI tools for tokenizing intellectual property, enhancing how creators manage their digital assets. For more details, see Story Protocol.
