Amazon and Walmart are actively exploring the potential creation of their own corporate stablecoins. This initiative could significantly alter the online payment landscape and reinforce the dollar's position.
Retail Giants' Initiative towards Stablecoin Creation
According to the Wall Street Journal, Amazon and Walmart are studying the possibility of issuing their own stablecoins, which would allow them to drastically reduce transaction fees and accelerate financial settlements. Although these projects are still in the exploratory phase, they reflect a significant change in how cryptocurrencies are perceived — moving from a technological novelty to an essential tool for large-scale corporate management.
Rising Interest in Stablecoins Among Companies
The initiatives of Amazon and Walmart are not isolated. Other major players, including Apple and Airbnb, are also interested in launching corporate stablecoins. According to Standard Chartered, the stablecoin market could grow to $2 trillion by 2028, a tenfold increase from today. Currently, more than 161 million people worldwide hold stablecoins, and 80% of small and medium-sized enterprises familiar with cryptocurrencies plan to integrate these assets into their operations.
The Future of Stablecoins in Financial Markets
Stablecoins offer instant transactions and significantly lower fees, making them attractive to businesses in the context of rising adoption. Traditional financial institutions, such as Bank of America and Fidelity, are also preparing to deploy their own solutions. The initiatives by Amazon and Walmart may facilitate the widespread adoption of stablecoins among consumers and further entrench the dollar's role as the central currency in the global economy.
The initiatives by Amazon and Walmart underscore the growing interest in stablecoins as tools for optimizing financial flows. With the anticipated emergence of a clear regulatory framework, the future of stablecoins appears promising.
