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Big Retail Eyes Crypto Payments

Crypto News

There’s a revolution under way, with proponents heralding it as a reimagination of what money is and how it moves.

We’re talking about stablecoins: tokenized assets on the blockchain whose value is pegged to traditional currencies, most often the U.S. dollar.

Amazon is exploring issuing its own digital dollar. So is Walmart. Shopify has begun letting merchants accept stablecoins like USDC. Coinbase is offering crypto-native operating accounts for businesses. Circle, one of the largest stablecoin issuers, is now live on six different blockchains. Even Ant Group and Société Générale — pillars of Asia and Europe’s financial ecosystems — are building stablecoin products or licensing operations. All this, while the U.S….

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