Amazon and Walmart are exploring the potential launch of their own stablecoins, aiming to revolutionize online payments and potentially reduce transaction costs. This initiative follows a trend in which large corporations have shown interest in using blockchain technology for financial transactions. These companies, led by CEO Andy Jassy of Amazon and Doug McMillon of Walmart, see stablecoins as a way to enhance payment efficiency and cut down on transaction fees. If launched, these stablecoins could significantly reshape the industry landscape. 2018 saw Meta’s Libra project fail due to regulatory uncertainties, but this new approach is taking a different route. Both companies are interested in exploring how blockchain can be used for payments. The move echoes past attempts like PayPal USD and Meta’s Libra. These stablecoins could potentially shift the balance of power away from traditional banks, leading to faster e-commerce transactions for customers.