#SaylorBTCPurchase

According to reports, Walmart and Amazon are developing a stablecoin that could transform the payment system in the retail sector, just as the US Senate is preparing to vote on a crucial bill to regulate the issuance of digital Dollars. As previously informed, the Senate will conduct the final vote on the "GENIUS Act" (S.394) after it was approved in committee and passed in the debate stage scheduled for June 17.

According to Bloomberg and The Wall Street Journal, the two retail giants are evaluating the feasibility of launching their own stablecoin, which is likely to be pegged to the US Dollar or US Treasury securities. An internal team is analyzing potential technology partners and regulatory compliance pathways, although no official applications or public announcements have been made so far. The exploration of this initiative appears to be primarily motivated by the goal of achieving significant savings on payment processing costs.