In June 2025, the Wall Street Journal reported that Walmart and Amazon were considering issuing their own stablecoins as US federal legislation that would provide a regulatory framework moves through Congress (PYMNTS, Investopedia, MSN [Axios]). The stablecoin must be tied to the US dollar and be able to be used for purchases at Walmart (in-store and/or online) in the US to count, but permitting crypto transactions solely for the exchange of currency, crypto, and other digital assets (e.g., NFTs) will not count.

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