Walmart, Amazon Consider Launching US Dollar-Backed Stablecoins
toward wider institutional adoption amid improving regulatory landscape
Major retailers Walmart and Amazon are actively considering the development of their own US dollar-backed stablecoins for customer use, signaling a potential expansion of institutional adoption as regulatory clarity improves in the United States.
According to reports from The Wall Street Journal, both companies are weighing the feasibility of introducing brand-specific stablecoins.
Although neither retailer has officially confirmed these plans, the potential introduction of stablecoin payment systems could significantly divert substantial cash flows away from their traditional banking partners.
Financial data highlights the potential scale and impact of such initiatives. Amazon reported annual revenue of $638 billion in 2024, while Walmart’s global e-commerce sales surpassed $100 billion in 2023, accounting for 17.8% of its total yearly sales.
A stablecoin-based payment rail could offer both faster transaction speeds and reduced fees, potentially saving major corporations billions in banking charges annually.
Separately, global e-commerce leader Shopify has confirmed plans to integrate USDC payments for its users before the end of 2025.
“This movement underscores the maturing of the stablecoin ecosystem and growing institutional interest,” the report highlighted.
The ongoing developments from retail heavyweights like Walmart and Amazon could pave the way for broader stablecoin adoption across the financial services landscape.
Related: Jack Ma’s Ant International eyes stablecoin licenses in Singapore, Hong Kong
