Empire State Review Contributor 
SEATTLE, WA & BENTONVILLE, AR — On June 13, 2025, reports emerged that retail giants Amazon and Walmart are exploring the adoption of stablecoins to enhance their payment processes. This strategic move aims to reduce transaction fees and expedite payment settlements, signaling a significant shift in the integration of cryptocurrency within mainstream retail operations.
Stablecoins are digital currencies pegged to stable assets, such as the U.S. dollar, designed to minimize the volatility associated with other cryptocurrencies like Bitcoin. By introducing their own digital currencies or accepting existing stablecoins, Amazon and Walmart could potentially bypass traditional banks and credit card networks, leading to substantial savings in transaction and interchange fees currently paid to companies like Visa and Mastercard.
The potential benefits of stablecoin integration extend beyond cost savings. Stablecoins offer instant settlement capabilities, which could streamline global payment operations for these retailers. This efficiency is particularly valuable for companies with extensive international supply chains and high transaction volumes.
However, the implementation of stablecoins by major retailers is contingent upon regulatory developments. The U.S. Senate is currently reviewing the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act, a bill aimed at establishing a legal framework for stablecoin use. The proposal has passed an initial procedural vote and awaits further approval in both Congressional chambers.
The news of Amazon and Walmart’s exploration into stablecoins has already impacted the financial sector. Shares of Visa and Mastercard fell following the report, reflecting investor concerns about potential disruptions to traditional payment systems.
While Amazon and Walmart have not officially commented on these developments, their interest in stablecoins underscores a broader trend among major corporations seeking to leverage blockchain technology for operational efficiencies. Other companies, including Expedia and several airlines, are also considering similar options.
As the regulatory landscape evolves, the integration of stablecoins into retail operations could redefine payment systems, offering faster, more cost-effective transactions for both businesses and consumers.
