Walmart and Amazon Explore Corporate Stablecoin Launch, Aiming for $14 Billion in Savings

Major retail giants Walmart and Amazon are venturing into the world of corporate stablecoins, aiming to cut significant costs. The companies are exploring creating their own USD-pegged stablecoins, potentially saving up to $14 billion annually by bypassing traditional banking networks. While no official statements have been released yet, sources confirm these ongoing efforts. This initiative could reshape the payment system landscape and impact financial institutions as it moves away from traditional finance.