With stablecoins, Walmart, Amazon, and Shopify want to break free from traditional banking channels

An article by Sophie Baqué et Caroline Soutarson

Publication

17 June 2025 à 15h48

Updated on 23 July 2025 à 18h31

Reading time

2 minutes

Publication: 17 June 2025 à 15h48, Updated on 23 July 2025 à 18h31

Reading time: 2 minutes

An article by Sophie Baqué et Caroline Soutarson

Publication

17 June 2025 à 15h48

Updated on 23 July 2025 à 18h31

Reading time

2 minutes

Publication: 17 June 2025 à 15h48, Updated on 23 July 2025 à 18h31

Reading time: 2 minutes

Enjoy this article for free while you’re in your trial period

You have access to our content for 15 days

Explore the mind Retail subscription

With the Genius Act recently passed in the U.S.A., regulating stablecoins for the first time, two retail giants are planning to issue their own corporate cryptocurrencies, or stablecoins. Their goal is to bypass traditional payment systems, avoid interchange fees, and speed up payment processing.

In the US, payment disintermediation continues. Walmart (2024 revenue: US$681 billion, including approximately US$100 billion online) and Amazon (2024 revenue: US$638 billion) are considering...

Do you have information to share with us?

Article authors

Sophie Baqué

Featured image of the article Caroline Soutarson

Caroline Soutarson Head of the “Mind Fintech” section

Cheffe de rubrique Investissement et référente data chez mind Fintech

Tags

Our other services

Research

Conducting customized studies: benchmarks, overviews, personalized newsletters, white label content.

Training courses

Our training courses & masterclasses: short formats for management, executive coaching, and skills development for junior profiles.

Events

Our networking activities: half-day conferences dedicated to industry issues and open to the entire ecosystem.

What you absolutely must read this week

The essential content of the week selected by the editorial team.

See all

Shoprite adopts Yoobic solution for 3,600 stores and 160,000 employees

As announced in April in mind Retail, the African grocery retailer Shoprite has confirmed the rollout of the Yoobic application to optimise staff task management and anomaly detection in stores...

29 October 2025

Faced with debt and declining sales, Fossil files for bankruptcy

Competition from Apple and Samsung in the smartwatch segment, collapsing sales, customs tariffs… Cornered with a debt of US$179 million, Fossil has filed several bankruptcy petitions in the U.S.A...

29 October 2025

EU: Omnibus bill stalled in Parliament

On October 22, MEPs rejected by a narrow majority the negotiating mandate that would have allowed trilogue negotiations to begin on the omnibus directive watering down the CSRD and duty of care...

27 October 2025

Verizon, Starbucks, DoorDash and Grubhub impacted by AWS outage

On October 20, 2025, the Amazon Web Services cloud (Amazon Q2 2025 revenue: 168 billion dollars, up by 13.3%) was down for several hours before returning to normal. Numerous websites and...

27 October 2025

Most viewed articles of the month on mind Retail

What readers clicked on the most last month.

In the category

What readers clicked on the most last month.

Faced with debt and declining sales, Fossil files for bankruptcy

29 October 2025

Lululemon, Ralph Lauren, Gap and Levi’s enter peak season with high stock levels

Faced with rising customs tariffs affecting US imports, several retailers have built up significant inventories. Over a year, the stocks of Gap, Levi’s, Lululemon, Ralph Lauren and Academy Sports...

27 October 2025

France and Italy urge Shein to reassess a business model

While Shein continues to spark controversy through partnerships with Pimkie and BHV department stores (SGM), Italy announced plans to introduce a tax on Asian e-commerce platforms. In France, the...

13 October 2025

Cyberattack: Muji, Loft and Sogo & Seibu e-commerce sites down in Japan

Since October 19, Japanese logistics company Askul (2024 revenue: 3.3 billion dollars, up by 2% year-on-year) has been the victim of a cyberattack, preventing it from managing e-commerce orders...

27 October 2025

Antoine Jouteau, Leboncoin : “We are launching our first warranty offer for multimedia products”

As Leboncoin prepares to celebrate a 20th anniversary in 2026, mind Retail interviewed Antoine Jouteau, the outgoing Chief Executive Officer. As Jacob Aqraou, Executive Chairman of the Board of...

13 October 2025

TikTok Shop and Temu strengthen logistics networks by signing with Royal Mail and La Poste

To accelerate European markets, TikTok Shop and Temu signed agreements with the leading postal operators in France and the United Kingdom. Here is a look at these strategic partnerships.

20 October 2025