Amazon and Walmart explore stablecoin launch to bypass Visa & Mastercard fees 😳🪙; PayPal transforms digital advertising with Shoppable Storefront Ads 🛍️💳
FinTech is Eating the World, 17 June
Hey Everyone,
Good morning & happy Tuesday! Today’s issue is the best one yet as we’re looking into Amazon and Walmart, which are seriously exploring stablecoin launch to bypass Visa & Mastercard fees (why this is huge & what it means for the future of Finance & FinTech + bonus list of the ultimate resources on stablecoins), and PayPal that just transformed digital advertising with Shoppable Storefront Ads (what it’s all about, why it matters & what it means for Agentic Commerce + bonus deep dive into PayPal & its quest to transform commerce AND the ultimate beginners guide to AI). So let’s jump straight into the incredible stuff 🌶️
Amazon and Walmart explore stablecoin launch to bypass Visa & Mastercard fees 😳🪙
The BIG News 🔥 Retail giants Amazon AMZN 0.00%↑ and Walmart WMT 0.00%↑, commanding a combined retail presence of over $547 billion in e-commerce sales, are actively exploring the development of proprietary stablecoins as a strategic response to the substantial costs and inefficiencies inherent in traditional payment processing.
This initiative represents a calculated and probably the biggest move ever to leverage blockchain technology for competitive advantage while potentially reshaping the structure of retail payments as we know it.
Let’s take a closer look at this, see why it could be huge, and what to expect next.