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Walmart, Amazon consider issuing own stablecoins: WSJ - MSN
Update June 13, 10:30 am UTC: This article has been updated to include a section on the GENIUS Act. Walmart and Amazon are reportedly mulling plans to issue their own US dollar-backed stablecoins ...
Even if companies like Walmart and Amazon don’t create their own tokens, they’re considering joining a merchant-led consortium that would adopt an existing stablecoin platform.
Walmart WMT -0.06%, Amazon AMZN 0.31%.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.
Amazon is among the large retailers that are considering a stablecoin. In addition to big banks, large merchants are also taking notice of the stablecoin rush, given the ability of the digital asset ...
U.S. retail giants Amazon (Nasdaq: AMZN) and Walmart (NYSE: WMT) are reportedly exploring issuing their own stablecoins, The Wall Street Journal reported on June 13. A stablecoin is a type of ...
Leading retailers, Walmart Inc. (NYSE: WMT) and Amazon.com Inc. (NASDAQ: AMZN), are reportedly exploring the possibility of issuing their own stablecoins, a move that could potentially shake up ...
Any conversation about stablecions still starts with Tether, the largest stablecoin issuer by market capitalization. El Salvador-based Tether issues USDT, the world's largest stablecoin with a market ...
Today, though, everyone from Apple to Amazon —not to mention big banks and brokerages—is rushing to embrace stablecoins, which are cryptocurrencies pegged to an underlying asset like the U.S ...
Big Banks Explore Venturing Into Crypto World Together With Joint Stablecoin The discussions involve payments companies co-owned by JPMorgan Chase, other large banks By Gina Heeb Follow ...
The exploration of a stablecoin may distract from Snail, Inc.'s core gaming business, particularly if it diverts resources and attention away from existing game development and innovation efforts.
Update June 13, 10:30 am UTC: This article has been updated to include a section on the GENIUS Act. Walmart and Amazon are reportedly mulling plans to issue their own US dollar-backed stablecoins ...
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