Get ready for the retail revolution, folks! According to a recent WSJ report, Walmart and Amazon are considering launching their very own dollar-pegged stablecoins. Why, you ask? Well, apparently, they’re tired of those pesky processing fees and want to reduce their reliance on traditional banking infrastructure.
By issuing their own tokens, these retail giants could shift massive volumes of daily transactions onto the blockchain, offering more efficient payment flows. And they’re not alone in their crypto curiosity – Expedia Group Inc. and some US airlines are also reportedly considering similar stablecoin initiatives.
Amazon recently decided against holding Bitcoin in its treasury, but the latest report suggests that the e-commerce giant prefers stablecoins as a more practical and stable path for integrating crypto-like assets into their financial ecosystems. Leading stablecoins USDT and USDC have already demonstrated strong utility in global payments, with USDT recently surpassing $155 billion in circulation.
Ride-hailing company Uber also signaled interest in the use of stablecoins to streamline global payments, while e-commerce infrastructure provider Shopify will reportedly begin allowing merchants to accept payments in USDC later this month.
The present total supply of stablecoins exceeds $239 billion, all held across 150 million wallet addresses. So, get ready for a brave new world of retail payments, where your morning coffee might just be paid for with a Walmart or Amazon stablecoin! 😜
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2025-06-13 14:48