06:45 AM EDT, 06/13/2025 (MT Newswires) -- Walmart ( WMT ) , Amazon.com ( AMZN ) and others have recently considered launching their own stablecoins in the US, the Wall Street Journal reported Friday, citing people familiar with the matter.
The move could help reduce reliance on traditional financial systems and cut billions in fees, the report said.
Expedia ( EXPE ) , and several major airlines have also been weighing potential efforts to launch stablecoins, the sources said.
The companies' final decisions may depend on Congressional passage of the Genius Act, which would establish regulatory clarity for stablecoins, according to the report.
Amazon's ( AMZN ) efforts remain at an early stage, with some discussions focusing on using its own token for online purchases.
Even if the retailers do not issue their own, they are reportedly exploring the use of third-party stablecoins, including through a consortium of merchants led by a single issuer, the report said.
Walmart ( WMT ), Amazon ( AMZN ), and Expedia ( EXPE ) did not immediately respond to requests for comment from MT Newswires.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)