Walmart and Amazon are planning to issue their own stablecoins

ChainCatcher news, according to The Wall Street Journal, Walmart and Amazon are exploring the issuance of their own stablecoins in the U.S. market, or for use in payments and settlements within their merchant ecosystems. According to sources, this move could shift a significant amount of cash and card transactions out of the traditional financial system, reduce billions of dollars in fees, and accelerate payment speeds.