Walmart and Amazon are considering adopting their stablecoins

potentially moving the high volumes of cash and card transactions they handle outside the traditional financial system and saving them billions in bank fees.

Stablecoin is a cryptocurrency whose value is tied to a ‘stable’ asset that can be a traditional currency or a commodity. If stablecoin were to be adopted, it would perhaps be the first entirely private-label payment methods (the others rely on banks). As Clara Mentasti points out, it would also be “a threat to monetary sovereignty” (of the US Central Bank).

Meanwhile : Chinese e-commerce giant JD.com tests stablecoins in Hong Kong

Compiled 13 June, updated 19 June 2025