The Block(@TheBlockCo):THE BLOCK: Alipay denied supporting crypto trading after the Peer protocol announced a beta integration designed to let users buy and sell USDC via CNY transfers on the app. The Chinese payments giant said claims that Alipay enables crypto purchases on third-party platforms are "false and unauthorized," and warned users to protect their funds and account safety.

The Block

@TheBlockCo

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The Block@TheBlockCo

2026.10.29 02:43

THE BLOCK: Alipay denied supporting crypto trading after the Peer protocol announced a beta integration designed to let users buy and sell USDC via CNY transfers on the app. The Chinese payments giant said claims that Alipay enables crypto purchases on third-party platforms are "false and unauthorized," and warned users to protect their funds and account safety.