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@ dfd5b50f:edba4abc
2025-06-15 09:22:44
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✍️ Walmart, Amazon, and other major companies are reportedly exploring the possibility of issuing their own stablecoins to reduce transaction fees.
👉 Walmart, Amazon, and other major companies are exploring the possibility of issuing their own stablecoins.
👉 Stablecoins are digital assets pegged to other assets, such as the dollar, and are typically backed on a one-to-one basis.
👉 The firms' decisions may depend on the fate of the GENIUS Act, a stablecoin bill still making its way through Congress.
👉 Amazon's stablecoin exploration has mostly revolved around creating one for online purchases, while Walmart has lobbied to change the GENIUS Act to introduce more competition in the credit-card sector.
#US #technology
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