Walmart and Amazon explore the issuance of stablecoins, which may save billions of dollars in transaction fees each year.

On June 13, according to reports, some of the world’s largest retailers are exploring how to issue or use stablecoins, which could shift a large volume of cash and card transactions they handle outside of the TradFi system, potentially saving them billions of dollars in fees each year.

According to informed sources, multinational giants such as Walmart and Amazon are recently studying whether to issue their own stablecoins in the United States. Corporate-issued cryptocurrencies may divert payment activities away from banks and the TradFi system.