With stablecoins on track to receive a regulatory boost and enhanced legitimacy via the GENIUS Act, launching their own tokens could help companies transform a business expense into a profit opportunity.
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Big Retail Gets Into Crypto With Amazon and Walmart Exploring Stablecoins
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Genius Act is a legislative bill that would provide the regulatory framework Amazon and Walmart are waiting for to potentially launch their own U.S. dollar-pegged stablecoins.
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The stablecoin issuance plans of major retailers like Amazon and Walmart will likely hinge on the outcome of the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act.
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