🇺🇸 Breaking: Walmart and Amazon are exploring launching their stablecoins! 🤯
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🛒 Retail giants enter the fray:
According to recent reports, retail giants Walmart and Amazon are seriously considering launching their own stablecoins! 🚀 This move could revolutionize the payment landscape and save them billions of dollars in traditional transaction fees.
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💡 Why this massive step?
* Cost savings: Reducing reliance on traditional card networks (like Visa and Mastercard) will save billions of dollars annually in fees. 💸
* Transaction speed: Settling payments almost instantly instead of days. ⚡
* Control and innovation: Greater ability to design their own payment systems and enhance customer loyalty. 🔐
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⚖️ Regulatory context:
This news comes alongside the legislative progress of the "GENIUS Act" in the United States, which aims to establish a clear regulatory framework for stablecoins. This framework could open the door for more major companies to adopt this technology. 🏛️
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❓ Do you think stablecoins from major companies will change the game in commerce and payments forever? 🤔
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