Amazon and Walmart Eye USDC-Like Stablecoins to Transform E-Commerce Payments

Retail titans Amazon and Walmart are reportedly exploring the launch of proprietary stablecoins, a strategic move that could disrupt online payments and significantly reduce transaction costs. According to The Wall Street Journal, both corporations are assessing whether to develop their own tokens or collaborate through a merchant consortium using existing stablecoin solutions.

Amazon''s initiative remains in preliminary discussions, focusing on creating a platform-specific token for purchases. Walmart has taken a more proactive approach, advocating for payment system reforms to enable digital currency integration. Adopting stablecoins could save these retailers billions annually by circumventing traditional card networks, which typically charge 1%-3% per transaction and delay settlements for several days.

This development follows Shopify''s recent integration of USDC, highlighting the accelerating adoption of crypto payment infrastructure in e-commerce. Stablecoins offer near-instant settlement—a dramatic improvement over conventional payment timelines—while maintaining price stability through fiat currency pegs.