Walmart and Amazon are exploring the launch of their own USD-pegged stablecoins to reduce payment costs and speed up transaction settlements, according to the Wall Street Journal. Their plans depend on regulatory clarity from the upcoming Genius Act. Both retail giants are also considering joining a merchant-led stablecoin consortium or using third-party digital payment solutions. If approved, this move could reshape how consumers and businesses handle digital payments, bringing faster and cheaper transactions to millions of users.
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