Visa and Mastercard Stocks Plummet as Big Retailers Eye Stablecoins

Major payment processing giants Visa (NYSE: V) and Mastercard (NYSE: MA) experienced significant stock declines on June 13, 2025, following reports that retailers such as Amazon (NASDAQ: AMZN) and Walmart (NYSE: WMT) are actively exploring the issuance of their own stablecoins. This move could significantly impact traditional payment networks and raise concerns for Visa and Mastercard’s long-term revenue streams.