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You Still Can't Use Apple Pay at Walmart but You Have Another Digital Wallet Option

  • Walmart and Amazon are exploring issuing their own U.S. dollar-backed stablecoins to offer alternative payment options for consumers.
  • These initiatives follow broader retail and banking interest amid regulatory developments like the Genius Act, which could facilitate stablecoin adoption.
  • Walmart currently limits digital payments to its OnePay Wallet and Walmart Pay, while refusing Apple Pay and Google Pay in over 4,600 stores nationwide.
  • Experts highlight that stablecoins could reduce processing fees and transfer times, potentially shifting transactions away from banks and pressuring credit card networks.
  • If adopted, corporate stablecoins from large retailers could disrupt traditional financial systems but require overcoming regulatory and security challenges first.
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75 Articles

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The IndependentThe Independent
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The Independent (US)The Independent (US)
Lean Left

Walmart and Amazon looking at creating their own cryptocoins

Legislation would need to pass Congress in order for the currencies to be used

·London, United Kingdom
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Lean Right

[New York - Ban Momoe] Major US retailers have begun to consider introducing US dollar-linked stablecoins that can be used for shopping and other purposes. US media has reported that major retailers such as Walmart and Amazon.com are considering the move. Regulations are being put in place under the Trump administration, making it easier to issue them. If payment mechanisms change, this could have a major impact on existing financial institution…

·Japan
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u.today broke the news in on Friday, June 13, 2025.
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