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

Amazon Inc. and Walmart Inc. are among large multinational companies which have recently discussed issuing their own stablecoins in the US, the Wall Street Journal reported, citing unidentified people.

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.