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The numbers back this up. In the most recent quarter, Walmart brought in $165.6 billion in revenue, up 2.5%. Global e-commerce sales jumped 22%, and its advertising business grew 50%. Membership ...
According to Kevin Lehtiniitty, CEO of stablecoin network Borderless.xyz, a stablecoin issued by a big retailer would feel similar to using a gift card. Reeves shared a similar perspective.
With $10 trillion moving through its systems daily, even a partial shift to stablecoin-based settlements could create one of the largest digital currency ecosystems overnight.
The GENIUS Act could transform stablecoin adoption by pushing issuers toward real-time payments, as US regulation aligns with global frameworks like MiCA.
Right now, I'm partial to USDC, because it's the unofficial stablecoin of Coinbase Global (COIN -2.17%), which has a partnership agreement with Circle. I also am confident that it will never lose ...