Crypto Events

Story: Amazon and Walmart Plan Their Own Cryptocurrencies

By James Thorp

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Corporate Giants Target Stablecoins to Reduce Fees. The idea behind issuing stablecoins is simple but transformative.

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Part of a Larger Trend in Corporate Crypto Adoption. The interest from Amazon and Walmart aligns with a growing trend of large corporations…

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Why Now? Faster Settlements and Borderless Payments. Stablecoins are increasingly seen as a way to bridge traditional finance and decentralized…

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A Future $2 Trillion Market?. The potential scale of the stablecoin sector is massive.

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What It Means for Crypto. The entrance of Amazon and Walmart into the stablecoin space would mark a major milestone in…

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As crypto adoption expands into mainstream finance, two of America’s largest retailers—Amazon and Walmart—are now exploring the creation of their own dollar-backed digital…

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A new report from The Wall Street Journal reveals that both companies are in the early stages of evaluating whether to issue their own stablecoins—cryptocurrencies tied to the…

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The idea behind issuing stablecoins is simple but transformative. Amazon and Walmart handle billions of dollars in payments each year.

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Stablecoins are a type of cryptocurrency designed to maintain a stable value by pegging them to traditional assets—typically fiat currencies like the U.S. dollar.

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Although the companies have not confirmed their exact strategies, insiders suggest the move is part of a broader push to modernize payment systems and improve financial efficiency.

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The interest from Amazon and Walmart aligns with a growing trend of large corporations investigating the benefits of stablecoins.

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This wave of institutional interest comes as the stablecoin sector matures and gains legitimacy through regulatory progress. Earlier this week, the U.S.

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Stripe, Visa, PayPal, and JPMorgan are already building out stablecoin solutions, underscoring that this is not just a passing trend.

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For example, a dollar-based stablecoin could allow Amazon to pay international vendors almost instantly instead of waiting days for traditional wire transfers to clear.

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Amazon already has deep ties to the digital economy through its AWS cloud division, which provides infrastructure for numerous blockchain projects.

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