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Walmart, Amazon mull creating their own stablecoins

Amazon and Walmart May Issue Their Own Company-Crypto

Amazon’s efforts to develop a stablecoin are still in the “early stages,” according to the Journal, and there are a lot of questions to sort out. There have reportedly been discussions to use outside stablecoins to settle transactions, but there’s also the possibility the online giant could develop its own.

New York Post on MSN · 4d

Walmart, Amazon mull creating their own stablecoins: report

Retailers consider move that could upend how billions are processed — and potentially sidestep traditional banking infrastructure altogether.

Invezz · 1d

Is Amazon and Walmart’s stablecoin plan a threat for payment companies?

Walmart and Amazon's plans to move payments to stablecoin from traditional payments is not easy says analysts.

Crypto hails Senate vote on stablecoin bill

AOL · 4h

Crypto hails Senate vote on stablecoin bill as a major victory

The Senate is preparing for a final vote Tuesday on a bill that would establish the first federal framework for dollar-backed cryptocurrencies known as stablecoins, a major victory for an industry that has pushed for more favorable oversight in Washington,

CBS News · 4h

What's at stake as the Senate takes its first major step toward crypto regulation

The Senate is set to vote on the bipartisan GENIUS Act, the first major attempt to regulate stablecoins, a form of cryptocurrency pegged to the U.S. dollar. With companies like Amazon and Walmart exploring their own digital currencies,

The Washington Post · 14h

Senate expected to pass crypto bill without addressing Trump's investments

The fast-moving legislation, which will be sent to the House for potential revisions, comes on the heels of a 2024 campaign cycle where the crypto industry ranked among the top political spenders in the country,

Devdiscourse5h

Stablecoin Surge: The GENIUS Act's Impact on Crypto Adoption

The U.S. GENIUS Act, advancing in the Senate, could drive broader adoption of stablecoins by offering regulatory clarity.

CoinDesk6h

Stablecoin Clearing Startup Ubyx Raises $10M Round Backed by Galaxy, Coinbase, Others

The firm's stablecoin clearing system aims to facilitate adoption by solving the stablecoin sector's fragmentation problem.

4don MSN

Walmart and Amazon have a shocking new plan

U.S. retail giants Amazon (Nasdaq: AMZN) and Walmart (NYSE: WMT) are reportedly exploring issuing their own stablecoins, The ...

Visa Investors Ignoring The Potential For Lost Business To New Stablecoin Networks

Visa faces a disruptive threat from major customers Amazon and Walmart developing in-house blockchain-based payment solutions ...

Livewire Markets on MSN1d

Here's how retailers like Amazon, Coles and Wesfarmers could use stablecoins to cut checkout prices and revolutionise payments

Retailers could offer consumers who use their stablecoins a discount at checkout thanks to savings on interchange and ...

Asianet Newsable on MSN4d

Visa, Mastercard, AmEx Stocks Slip After Walmart, Amazon Stablecoin Report – Analysts Flag Buying Opportunity

William Blair analyst Andrew Jeffrey said that while stablecoins may appeal to merchants seeking lower card processing fees, they are not well-suited for business-to-consumer transactions.

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