Amazon and Walmart Weigh Issuing Own Stablecoins, WSJ Says

Visa, Mastercard Tumble as Merchants Eye Stablecoins

Amazon.com Inc. and Walmart Inc. are among large multinational companies which have recently discussed issuing their own stablecoins in the US, the Wall Street Journal reportedBloomberg Terminal, citing unidentified people.

A Walmart spokesperson declined to comment. Amazon representatives didn’t immediately respond to requests for comment.