Amazon (NASDAQ:AMZN) and Walmart are studying the launch of dollar-backed stablecoins, according to the Wall Street Journal, citing sources familiar with the initial plans.

This step aims to create digital payment systems specific to each company, which would accelerate transactions, reduce costs, and enhance the efficiency of e-commerce, especially in international transactions. Stablecoins are a digital financial tool that maintains a stable value by being linked to traditional assets like the dollar, making them an attractive option for fast and reliable payments.

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