Amazon, Walmart Eye Stablecoins to Cut Payment Costs

Amazon, Walmart Eye Stablecoins to Cut Payment Costs
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Retail giants Amazon and Walmart are reportedly exploring the launch of their own stablecoins to reduce transaction fees and streamline online payments. This move could disrupt traditional payment systems and offer faster settlements for consumers. Regulatory clarity, however, remains a key hurdle.

  • Amazon and Walmart could save billions by replacing card fees (1%-3%) with stablecoins, which offer instant settlements.
  • Regulatory progress (GENIUS Act) is critical for adoption, with a Senate vote scheduled for June 17.
  • Shopify's USDC integration and bank-led stablecoin ventures highlight broader industry momentum.
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