Walmart and Amazon Are Exploring Issuing Their Own Stablecoins

Description

Walmart, Amazon.com and other multinational giants have recently explored whether to issue their own stablecoins in the U.S., according to people familiar with the matter.

Authors

Gina Heeb

Publish date

June 13, 2025

Publisher

The Wall Street Journal

Web archive URL

https://archive.is/jNcF1#selection-2549.0-2549.18

Web URL

https://www.wsj.com/finance/banking/walmart-amazon-stablecoin-07de2fdd

Referenced by

A move to launch a payments system by Walmart or Amazon that bypasses the traditional payments system would send shivers through the nation’s banks.

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Quote

Walmart has lobbied for adding a separate amendment that would introduce more competition in the credit-card sector to the Genius legislation, according to people familiar with the matter.

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WSJ reports Amazon and Walmart explore stablecoin payments

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