Walmart, Amazon, and other massive global companies are reportedly looking into the benefits of having their own stablecoins.

Amazon and Walmart are exploring stablecoin solutions to reduce payment processing costs and bypass traditional intermediaries like Visa.

Walmart and Amazon are considering issuing stablecoins, The Wall Street Journal reports, citing anonymous sources.

Stablecoin issuer Circle CEO Jeremy Allaire said in a June 14 X post that stablecoins will “soon” reach the “iPhone moment” ...