Very exciting development. Alibab platform intends to enter this business. But I think he has some reservations. It's not easy that change. If a new payment system activates such a large platform, everything changes.
Partnering with a blockchain company does not mean that Alibaba will launch its own coins or tokens because Alibaba could only want to use Blockchain technology to secure its data. Alibaba is a business entity in China and I don't think they will carelessly issue their own cryptocurrency