The numbers back this up. In the most recent quarter, Walmart brought in $165.6 billion in revenue, up 2.5%. Global e-commerce sales jumped 22%, and its advertising business grew 50%. Membership ...

According to Kevin Lehtiniitty, CEO of stablecoin network Borderless.xyz, a stablecoin issued by a big retailer would feel similar to using a gift card. Reeves shared a similar perspective.

“This stablecoin exploration is a natural evolution of our innovation-led strategy and will support a broader effort to evaluate how blockchain-based technologies could be aligned with the ...

That's why Amazon and Walmart are two of the most prominent names involved in the stablecoin discussion right now. Quite simply, they are retail behemoths.

At the moment, the stablecoin market is worth just over $250 billion, but it's growing fast. Citigroup projects that the total amount of outstanding stablecoin could hit $1.6 to $3.7 trillion by 2030.

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.

When you get a stablecoin, you are effectively trusting that the company selling it to you is actually holding the equivalent dollars in reserves. Stablecoin companies bristle at the question, and ...

“This stablecoin exploration is a natural evolution of our innovation-led strategy and will support a broader effort to evaluate how blockchain-based technologies could be aligned with the ...

Snail may determine at any time to abandon its current intent to explore the issuance of A proprietary US dollar-backed stablecoin. Investor Contact: John Yi and Steven Shinmachi Gateway Group, Inc.