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Even if companies like Walmart and Amazon don’t create their own tokens, they’re considering joining a merchant-led consortium that would adopt an existing stablecoin platform.
Stablecoins provide significantly lower fees compared to card networks, which typically impose an average of 1.5% per transaction in swipe fees.
Amazon and Walmart are reportedly mulling the launch of their own stablecoins. ... As per DeFiLlama, the total stablecoin market cap is worth $251 billion, with Tether's USDT and Circle's ...
Amazon reported $638 billion worth of annual revenue in 2024, with global e-commerce sales reaching about $447 billion for the platform, ... Amazon stablecoin plans may hinge on the GENIUS Act.
Retail giants including Walmart and Amazon are reportedly exploring a bold plan to bypass traditional banks — by creating their own currency. The move to create a so-called stablecoin would ...
Unlike Bitcoin or Ethereum, which can experience wild price swings, stablecoins aim to keep their value steady—typically 1 stablecoin equals 1 USD. For Amazon and Walmart, this move is not ...
Walmart WMT 1.30 % increase; green up pointing triangle, Amazon AMZN 2.85 % increase; green up pointing triangle.com and other multinational giants have recently explored whether to issue their ...
Walmart (WMT) and Amazon (AMZN) are considering stablecoin offerings, which could revolutionize payments for the retail giants, reduce costs and enhance customer loyalty, according to a report by ...
Major retailers like Amazon, Walmart, Meta, and Ant Group are increasingly exploring and launching their own stablecoins, signaling a significant shift in mainstream commerce.