Stablecoins are currently used to store cash or purchase other cryptocurrency tokens. They are supposed to maintain a one-to-one exchange ratio with dollars or other government cu

Walmart and Amazon are reportedly exploring their own corporate stablecoins as a customer payment option, which could potentially reduce the billions of dollars the retailers pay in credit transaction fees.

Shares of Visa and Mastercard were sliding Friday after The Wall Street Journal reported that Walmart and Amazon.com, among other merchants, have been considering issuing their own stablecoins to customers,