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Alipay denies supporting crypto trading via third-party platforms

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Alipay denies supporting crypto trading after Peer platform lists it as payment method

Chinese payments giant Alipay has publicly denied supporting cryptocurrency trading through third-party platforms after peer-to-peer marketplace Peer announced a beta service allowing users to buy and sell USDC using Alipay. Peer's website continues to display Alipay as a payment option despite the company stating there is no official partnership.

Oct 29, 2026·4 sourcesPaymentsAnti-money laundering (AML)Crypto regulationStablecoinsConsumer protection
Alipay denies supporting crypto trading after Peer platform lists it as payment method
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Alipay Denies Supporting Crypto Trading After Peer's Beta Launch

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Alipay Denies Crypto Trading Support After Peer’s USDC Beta Launch