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Walmart and Amazon Explore Stablecoins for global E-Commerce payment



Walmart and Amazon have reported plans to issue their own US dollars supported by Stablecoins for customers, who have signed a broader institutional adoption of Stablecoin amid improving the clarification of the United States.

Two giant retails beaten the development of specific brands, according to people familiar with this matter, the Wall Street Journal reported on Friday.

While any of the companies confirmed Stablecoin’s plans, a Stablecoin payment system for either could move the billion -billions of cash flows from their banking partners.

Amazon reported $ 638 billion worth of annual income in 2024, with a global e-commerce sales of up to $ 447 billion for platform, Statista data Shut up.

Walmart’s Global E-Commerce Sales exceeded $ 100 billion in 2023, worth 17.8% of the company’s annual total sales, IT reported In August 2024.

A StableCoin-based payment metal will offer faster and cheaper transactions, helping large companies save billions of banking fees.

GLOBAL E-COMMERCE GIANT Shopify already has confirmed plans to include USDC (USDC) Payments for its users before the end of 2025, Cointelegraph reported on June 13.

Related: Ant International Eyese Stablecoin License by Jack Ma in Singapore, Hong Kong

This is a story development, and further information will be added as it is available.