BTC
$104,878.35
–
1.93%
ETH
$2,527.66
–
7.44%
USDT
$1.0003
+
0.03%
XRP
$2.1471
–
3.71%
BNB
$654.04
–
1.42%
SOL
$144.82
–
8.23%
USDC
$0.9997
–
0.00%
DOGE
$0.1750
–
6.55%
TRX
$0.2736
+
0.58%
ADA
$0.6370
–
6.04%
HYPE
$39.72
–
1.76%
SUI
$3.0137
–
7.66%
LINK
$13.25
–
6.23%
LEO
$9.0635
+
2.08%
BCH
$416.12
–
2.70%
XLM
$0.2588
–
5.14%
AVAX
$19.14
–
8.02%
WBT
$34.26
+
4.44%
TON
$2.9578
–
6.22%
SHIB
$0.0₄1173
–
6.53%
By James Van Straten, AI Boost|Edited by Parikshit Mishra
Jun 13, 2025, 10:53 a.m.
- Stablecoins could eliminate costly card processing fees and reduce transaction times, especially for cross-border payments.
- A stablecoin system from Amazon or Walmart could shift consumer transactions away from banks, intensifying pressure on card networks like Visa and Mastercard.
Walmart (WMT) and Amazon (AMZN) are considering issuing their own stablecoins in the United States, according to a report by the Wall Street Journal.
These corporate digital tokens, pegged to the U.S. dollar or other government-backed currencies, could dramatically reduce merchant fees and speed up payment settlements, disrupting the dominance of traditional financial institutions.
STORY CONTINUES BELOW
The move is contingent on the passage of the Genius Act, a proposed regulatory framework for stablecoins that recently passed a key procedural step in Congress. If passed, it could pave the way for large companies to adopt or issue stablecoins as an alternative to existing payment rails.
Read more: Senate Begins Passage of Stablecoin Bill as House Marks Market-Structure Wins
Both companies are still in early stages, exploring private coins or third-party stablecoin partnerships, the report added.
Walmart, long interested in financial services, is also lobbying for amendments that would increase credit-card competition.
Walmart, Amazon were not immediately available for comment at press time.
Read more: U.S. Stablecoin Bill Approval Could Trigger a Long-Term Crypto Bull Market: Bitwise
Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk’s full AI Policy.
James Van Straten is a Senior Analyst at CoinDesk, specializing in Bitcoin and its interplay with the macroeconomic environment. Previously, James worked as a Research Analyst at Saidler & Co., a Swiss hedge fund, where he developed expertise in on-chain analytics. His work focuses on monitoring flows to analyze Bitcoin’s role within the broader financial system.
In addition to his professional endeavors, James serves as an advisor to Coinsilium, a UK publicly traded company, where he provides guidance on their Bitcoin treasury strategy. He also holds investments in Bitcoin and Strategy (MSTR).
“AI Boost” indicates a generative text tool, typically an AI chatbot, contributed to the article. In each and every case, the article was edited, fact-checked and published by a human. Read more about CoinDesk’s AI Policy.
