Walmart & Amazon Eye Stablecoins to Speed Up Payments
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Retail giants Walmart and Amazon are reportedly considering the launch of their own USD-pegged stablecoins, according to the Wall Street Journal. The move aims to reduce payment costs and accelerate transaction settlements, pending regulatory clarity from the upcoming Genius Act.
Both companies are evaluating multiple paths—either joining a merchant-led stablecoin consortium or leveraging third-party digital payment solutions. If approved, their entry could redefine digital payments for consumers and businesses, offering faster and more cost-effective transactions at scale.
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