Walmart and Amazon are considering creating their own stablecoins, a type of cryptocurrency pegged to the US dollar, to streamline payments and reduce transaction fees. This move could save them billions of dollars annually and make cross-border transactions faster and more efficient
Faster Transactions Stablecoins enable near-instant settlements, reducing the time it takes for companies to access customers' money.
Lower Fees By bypassing traditional payment networks, companies can save on interchange fees, which can be substantial for high-volume merchants.
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