Walmart & Amazon Explore Crypto Payments via Stablecoins
Two of the world’s biggest retailers, Walmart and Amazon, are exploring the idea of launching their own USD-pegged stablecoins, a move that could reshape how payments work in the U.S. retail space.
According to sources quoted by the Wall Street Journal, both companies have held internal discussions in recent months about how a Walmart stablecoin or an Amazon stablecoin could help them save money on transaction fees and speed up settlement times.
Right now, companies like these pay billions every year to banks and credit card networks. A shift to blockchain-based crypto payment solutions could reduce or even eliminate many of those costs.
But they aren’t moving just yet. The plans are tied closely to progress on the GENIUS Act, a bill…
