According to a report by The Wall Street Journal citing informed sources, some of the largest retailers are exploring how to issue or utilize stablecoins, which could move the vast amounts of cash and card transactions they handle out of the traditional financial system, potentially saving billions of dollars in transaction fees.
Informed sources reveal that multinational corporations such as Walmart and Amazon have recently been exploring the possibility of issuing their own stablecoins in the United States. The Expedia Group and several airlines have also engaged in similar discussions.