Shocking! Walmart and Amazon are brewing a stablecoin revolution linked to the US dollar, which may disrupt the global payment system!
Breaking news! E-commerce giants Walmart and Amazon are secretly planning to issue a US dollar-pegged stablecoin, aiming to break through traditional payment shackles, enhance payment efficiency, and cut transaction costs by as much as $14 billion! Although not officially announced yet, this plan will profoundly change the settlement methods in the retail industry, reduce reliance on traditional banks, and create a new payment ecosystem.
Meanwhile, the highly anticipated 'GENIUS Act' is accelerating its progress, proposing a strict regulatory framework for stablecoins, covering 1:1 asset reserves, anti-money laundering (AML) and know-your-customer (KYC) compliance, as well as transparency disclosures. The Senate will vote on June 17, which will be a key battle in promoting the legalization of stablecoins!
The entry of industry giants indicates that stablecoins will move from the margins to the mainstream, promoting large-scale penetration of blockchain technology in the e-commerce sector, greatly enhancing liquidity and transaction speed. Companies like Shopify and Expedia are closely following suit, actively laying out stablecoin payments, and the market size may witness explosive growth!
Experts predict that once the bill passes, the wave of stablecoins driven by retail giants will ignite technological innovation, reshape the global financial landscape, and usher in a new era of payments! Investors and industry observers should not miss this impending financial revolution!
