Walmart and Amazon Eye Stablecoins for Faster Transactions

Retail giants Walmart and Amazon are exploring the development of their own US-dollar backed stablecoins, potentially impacting the financial landscape in a significant way. According to sources familiar with the matter, these companies are considering launching branded stablecoins that would operate on a payment system separate from traditional banking methods. This move suggests a broader trend towards institutional adoption of stablecoins, as favorable regulatory changes provide greater clarity for businesses.