Two of the most influential giants of retail trade worldwide, Walmart and Amazon, would be evaluating the possibility of launching their own stablecoins backed by the US dollar, as part of an effort to modernize their payment systems and reduce their dependence on traditional financial channels.
According to information Recent local media WSJ, both companies are analyzing this initiative, since Stablecoins could help reduce costs, accelerate liquidation times and eliminate frictions in transactions.
The objective would be to transfer part of the huge volume of payments that process decentralized infrastructure, which could translate into multimillion -dollar savings in banking and card commissions.
The initiative comes to light in a context of legislative impulse to Stablecoins from the United States. This week, The Senate approved to move towards the final debate of the genius lawwith 68 votes in favor and 30 against.
The definitive vote of the Senate is provided For next week, and, if favorable, the project will still require approval in the House of Representatives and the signing of the President to become law.
The president of the United States, Donald Trump has already made clear his support for Genius. In a video presented yesterday at the State of Crypto Summit 2025 of Coinbase, the president highlighted the efforts of his administration to promote the approval of the law in Congress.
Public figures such as Senator Mark Warner, lawyer John Deaton and CEO of Coinbase Brian Armstrong, agree that the implementation of this project is key to guiding future regulations of the sector.
Other large companies have also explored initiatives in the field of stable currencies. For example, PayPal launched its own stablecoin linked to the US dollar, Paypal USD (Pyusd). Similarly, Visa and Mastercard have carried out pilot projects to integrate Stablcoins into their payment networks, with the aim of optimizing cross -border settlements.
It is expected that, with the Genius law, which proposes a regulation for the emitters of Stablecoins anchored to the dollar and promotes their adoption, more companies are interested in issuing or offering Stablcoins, as transcended by Walmart and Amazon. Although, it should be noted that, for the moment, these companies have not confirmed this initiative in official announcements.
In congruence, Dara Khosrowshahi, The Uber CEO, the application offered globally mobility services by car, revealed this month that they are studying to integrate Stablcoins In your company. “They are very promising, especially for global companies,” since they allow reducing the costs of moving money between different countries, he said about it.
Currently, the Stablecoins market has a estimated capitalization of more than 250 billion dollars, reflecting constant growth driven by its adoption in global transactions. The Token Tether (USDT) is the leading project in this segment, with a capitalization close to 143 billion dollars, which is equivalent to more than 60% of the market.
