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Walmart & Amazon Bet Big on Stablecoins to Revolutionize Payments

Walmart & Amazon Bet Big on Stablecoins to Revolutionize Payments

Author:
Coingape
Published:
2025-06-13 11:39:05
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Retail giants Walmart and Amazon are diving headfirst into crypto—but with a twist. Forget volatile Bitcoin—they''re eyeing stablecoins to turbocharge their payment systems.

Why stablecoins? Instant settlements, near-zero fees, and none of that pesky ''price swing'' drama. Because nothing says ''innovation'' like cutting out the middleman (looking at you, legacy banks).

Corporate adoption just leveled up. If these titans pull it off, stablecoins could go from crypto’s boring cousin to the backbone of global commerce. Just don’t expect Wall Street to applaud—they’re too busy shorting the future.

U.S. Senate to Decide Stablecoin Future with GENIUS Act on June 17

Walmart and Amazon are exploring the launch of their own USD-pegged stablecoins to reduce payment costs and speed up transaction settlements, according to the Wall Street Journal. Their plans depend on regulatory clarity from the upcoming Genius Act. Both retail giants are also considering joining a merchant-led stablecoin consortium or using third-party digital payment solutions. If approved, this move could reshape how consumers and businesses handle digital payments, bringing faster and cheaper transactions to millions of users.

|Square

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