The post BREAKING: Walmart & Amazon Plan Stablecoins Amid Crypto Push – Coincu appeared on BitcoinEthereumNews.com.

Key Points:  Amazon and Walmart explore stablecoins to lower fees and improve global payment settlement speeds. GENIUS Act’s outcome could determine the timing of corporate stablecoin launches in the U.S. Major retailers and banks are preparing for a future where stablecoins reshape financial transactions. Amazon and Walmart are exploring the possibility of issuing their own U.S. dollar-pegged stablecoins, according to a recent report by the Wall Street Journal. While both companies have not officially confirmed their plans, discussions are said to be underway to assess the benefits of using blockchain-based payment systems. The move is part of a broader industry trend where large corporations are looking at digital assets to reduce payment processing fees and improve transaction speed. A stablecoin system could allow both retailers to bypass traditional banking channels and reduce the time and cost associated with settlements. Early-Stage Plans Linked to Regulatory Clarity The proposed stablecoin initiatives are still in the exploratory phase. Progress may depend on the outcome of the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act. This bill aims to define how stablecoins are backed and sets compliance rules related to financial reporting and anti-money laundering standards. As CoinCu reported, the U.S. Senate recently voted to advance the GENIUS Act, with a final decision expected by June 17. The law is seen as a key factor for corporate stablecoin adoption, offering a regulatory framework that companies can follow to launch and manage these digital assets. Cost Savings and Market Reach If implemented, stablecoins could provide Walmart and Amazon with a way to cut costs and manage cash flow more efficiently. Amazon recorded $638 billion in revenue in 2024, while Walmart’s e-commerce revenue exceeded $100 billion in 2023. Reducing payment-related expenses on that scale could save both companies billions annually. The ability to settle…

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Filed under: News - @ June 13, 2025 2:28 pm