Walmart & Amazon Explore Stablecoin Launch: Bypassing Banks for Faster Payments

Retail giants Walmart and Amazon are reportedly exploring the creation of their own dollar-pegged stablecoins, aiming to circumvent traditional financial intermediaries like banks and card networks. These stablecoins could significantly lower transaction fees for consumers and merchants. This development reflects a broader trend where major corporations seek to leverage blockchain technology and digital currencies for more efficient payment processing.