Walmart & Amazon Eye Stablecoins to Speed Up Payments

The post Walmart & Amazon Eye Stablecoins to Speed Up Payments appeared first on Coinpedia Fintech News

Walmart and Amazon are exploring the launch of their own USD-pegged stablecoins to reduce payment costs and speed up transaction settlements, according to the Wall Street Journal. Their plans depend on regulatory clarity from the upcoming Genius Act. Both retail giants are also considering joining a merchant-led stablecoin consortium or using third-party digital payment solutions. …