Visa and Mastercard stocks rose on Friday after The Wall Street Journal reported that Walmart and Amazon, among other retailers, are considering issuing their own stablecoins for customers, a move that could siphon revenue from traditional payment service providers. The newspaper stated that the decisions to issue stablecoins (cryptocurrencies tied to stable assets like the U.S. dollar) depend on the passage of the Genius Act, which has been put forward by Congress, which should be regulated and requires the holding of reserves in dollars or other assets.