Walmart and Amazon are reportedly exploring the use of stablecoins for payment processing, indicating a growing interest among major retailers in blockchain technology and digital currencies. This move could enhance transaction efficiency and customer experience while providing a secure alternative to traditional payment methods.

Major retailers Walmart and Amazon are exploring the possibility of issuing their own stablecoins, which could allow them to manage their transaction volumes outside the traditional banking system. This move could potentially save these companies billions in transaction fees and disrupt the financial services landscape.