Key Takeaways:
- Walmart and Amazon are exploring USD-backed stablecoins to streamline payments and reduce banking costs.
- Potential stablecoins could shift significant financial activity away from traditional banks.
- Shopify plans to support USDC payments by the end of 2025, highlighting a trend toward institutional crypto adoption.
Walmart and Amazon are reportedly considering launching their own U.S. dollar-backed stablecoins, signaling a potential shift toward broader institutional adoption of digital currencies amid increasing regulatory clarity in the United States.
Sources familiar with the matter suggest both companies aim to develop branded stablecoins to improve the efficiency of online transactions and cross-border payments.
Exclusive: Walmart and https://t.co/KUZV6DVpXq have recently explored whether to issue their own stablecoins in the U.S. https://t.co/XnpJBOJa75
— The Wall Street Journal (@WSJ) June 13, 2025
Although neither company has confirmed the plans, such a move could divert large volumes of cash flow away from traditional banking systems.
Amazon, which reported $638 billion in annual revenue in 2024 – $447 billion of which came from global e-commerce – could leverage a proprietary stablecoin to streamline payments and reduce transaction costs.
Walmart, whose e-commerce sales exceeded $100 billion in 2023, also stands to benefit from a faster and more cost-effective payment infrastructure.
By adopting stablecoin systems, both retailers could reduce reliance on financial intermediaries.
Additionally, Shopify has announced plans to support USDC payments by the end of 2025, further underscoring a growing trend among major e-commerce platforms to integrate blockchain-based payment solutions into their operations.
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Adam Morris, the co-founder of Crypto Head and a respected crypto expert, offers insightful commentary and analysis on cryptocurrency, NFTs, and the evolving digital landscape.
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