After an arduous process the first comprehensive stablecoin legislation, and first pro-crypto federal legislation, has become ...

Update June 13, 10:30 am UTC: This article has been updated to include a section on the GENIUS Act. Walmart and Amazon are reportedly mulling plans to issue their own US dollar-backed stablecoins ...

Even if companies like Walmart and Amazon don’t create their own tokens, they’re considering joining a merchant-led consortium that would adopt an existing stablecoin platform.

Like many payment initiatives at Walmart and Amazon, mitigating card fees is a motive for creating a stablecoin.. If buying the stablecoin and loading an application is managed through the ...

Amazon reported $638 billion worth of annual revenue in 2024, with global e-commerce sales reaching about $447 billion for the platform, ... Amazon stablecoin plans may hinge on the GENIUS Act.

U.S. retail giants Amazon (Nasdaq: AMZN) and Walmart (NYSE: WMT) are reportedly exploring issuing their own stablecoins, The Wall Street Journal reported on June 13. A stablecoin is a type of ...

Walmart WMT-0.06 % decrease; red down pointing triangle, Amazon AMZN 0.31 % increase; green up pointing triangle.com and other multinational giants have recently explored whether to issue their ...

In Amazon's case, a stablecoin could work like a gift card, a low-cost payment option. Crone Consulting estimates a 1% shift in Amazon's total payment volume to a gift card model — the lowest cost ...

Today, though, everyone from Apple to Amazon—not to mention big banks and brokerages—is rushing to embrace stablecoins, which are cryptocurrencies pegged to an underlying asset like the U.S ...

Amazon and Walmart, two of the world’s biggest retailers, may soon launch their own U.S. dollar–pegged stablecoins in a shocking move to cut out credit card giants like Visa and Mastercard.

The gaming publisher is evaluating the feasibility of a proprietary stablecoin and has hired external consultant.