Walmart and Amazon stable coins coming soon

Walmart and Amazon are both considering their own USD-pegged stable coins to cut down on the payment costs and accelerate settlements as well. The plans hinge on the Genius Act’s regulatory clarity. Both firms may also join a merchant-led stablecoin consortium or adopt third-party solutions.

walmart amazon stablecoin

Interesting move by these retail giants. Would be curious to see how this impacts the broader payment landscape if they actually go through with it. The regulatory piece seems key here. You see, there are a lot of issues with the AML/KYC, governance and reporting.

The compliance is non-negotiable if they want to capture payment flows and avoid legacy pitfalls. Social sentiment leans cautious on Walmart due to security FUD, while Amazon gets speculative meme coin hype, but neither can move without nailing transparency and legal alignment.

We believe in the future, cryptocurrencies and stable coins will become a part of daily life – atleast at the backend where the real end users may not get to know that stablecoins are being used anywhere. That is the safest area for them to bloom. Moving to stable coins will help these businesses billions of dollars in fees.