US retail giant Walmart and technology giant AmazonEvaluating to remove payment processes, accelerate transfers and reduce costs related to traditional financial systems. Wall Street Journal newsAccordingly, companies will follow the increasing number of multinational companies in the USA. However, the launch of the Stablecoin is expected to depend on the federal policy decisions that are still ongoing in Washington.
US giants’ crypto currency initiatives accelerated
This initiative of Walmart and Amazon is aimed at reducing delay in payments and reducing costs. They aim to make transactions more efficient by skipping or optimizing traditional banking channels. This move points to the growth of corporate adoption in the crypto currency world.
However, there is an important obstacle to the implementation of these plans: legal uncertainty. Politicians at Capitol Hill aim to create a uniform frame for crypto currencies fixed to Fiat currencies (such as US dollars). Genius law working on. Following the first democratic opposition, the bill is scheduled for the last vote in the Senate on 17 June.
US SenateIf the bill is currently discussing his own version House of Representatives‘What will be sent. In order to enact the rules of Stablecoin, the Assembly and the Senate will have to reconcile their different approaches. Minister Donald Trumphas prioritized the clarity in the crypto currency in the field of currency and presses to enact the stablecoin law until August.
Eye -filling growth in the stablecoin market
The Trump administration’s attitude in favor of Stablecoin accelerated the entry of companies into this area. This trend, in addition to the potential initiatives of Walmart and Amazon, Ripple $2.14last year RlusdIt is also seen with the release of the market. In addition, Wall Street clearing institution DTCC And some major banks have also reportedly discussed the issue of Fiat -supported stablecoin.
Shopify Platforms such as to integrate Circle’s USDC Stablecoin for payments Coinbase And Strip He has already established a partnership with. Market leader Tether With its circulating supply exceeding $ 155 billion, it plans to issue a special stablecoin for the US, which targets local corporate investors. All these initiatives show their belief in the stablecoin potential of the corporate world.
According to The Block’s data panel, the total value of the Stablecoin market has recently exceeded $ 250 billion. US Treasury Minister Scott BessentHe believes that the sector can exceed $ 2 trillion by 2028 with legal support. It offers an important sign about the size of the projection market and its future potential.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.