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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.
According to the Wall Street Journal, Walmart and Amazon are exploring the issuance of their own stablecoins in the U.S. market for use in payments and settlements within their merchant ecosystems. Sources said the move could shift a large volume of cash and card transactions out of the traditional financial system, reduce billions of dollars in fees, and accelerate payment speeds.
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