Emre Yumlu 
As digital solutions begin to replace traditional payment systems, two retail giants — Walmart and Amazon — may be on the verge of making a major move in the stablecoin space. According to recent reports, these companies are evaluating the possibility of launching their own U.S.-based stablecoins.
A Blockchain Move to Cut Card Fees
Considering that giants like Walmart and Amazon process billions of dollars in credit card and banking transactions annually, a significant portion of these payments go toward commissions and transaction fees. However, using stablecoins could greatly reduce these costs. That’s because payments made with digital assets can be executed directly and at low cost, without the need for intermediary banks.
For this reason, it’s not surprising that these two companies are aiming to build a payment infrastructure outside the traditional financial system to offer faster and cheaper services to millions of customers.
Could Banks’ Role Be at Risk?
If these projects come to life, the role of banks in everyday commerce may be seriously questioned. If customers start shopping directly with Walmart stablecoin or Amazon stablecoin, traditional bank transfers, POS transactions, and credit cards could become obsolete.
This would not only impact banks, but also payment giants like Visa and Mastercard.
A Big Step Toward Mainstream Crypto Adoption
The entry of retail giants like Walmart and Amazon into this space wouldn’t just help them reduce costs—it could also accelerate the mainstream acceptance of cryptocurrencies and blockchain technology. As millions of people begin to make daily purchases using crypto-based payments, it will further increase crypto adoption.
You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.