Walmart and Amazon are planning to issue their own stablecoins

TechFlow news, June 13 — According to The Wall Street Journal, Walmart and Amazon are exploring the issuance of their own stablecoins in the U.S. market, potentially using them for payments and settlements within their merchant ecosystems. Sources say the move could shift large volumes of cash and card transactions out of the traditional financial system, reducing billions of dollars in fees and accelerating payment speeds.