Amazon and Walmart Weigh Issuing Own Stablecoins, WSJ Says (2)

Amazon.com Inc. and Walmart Inc. are among large multinational companies which have recently discussed issuing their own stablecoins in the US, the Wall Street Journal reported, citing unidentified people.

A Walmart spokesperson declined to comment. Amazon representatives didn’t immediately respond to requests for comment.

Expedia Group Inc. and airlines have held similar deliberations, the WSJ said. Stablecoins are crypto tokens typically pegged to a currency like the dollar, making them better suited to using for payments than more volatile coins.

Donald Trump’s return to power in the US and legislation making its way through Congress ...