Amazon and Walmart exploring issuing their own stablecoins… Very odd what is happening. Companies are going to try to make money from stablecoins similarly to how they make money with gift cards. Not sure this is really good for Bitcoin or anything, but it is interesting to see how big companies are chasing easy profits at the cost of their customer.
They are wasting their time doing this. Do they really want to worry about all sorts of AML issues that the federal government will inevitably pester them about?
It's best for them to use an already existing stablecoin like Circle or even Tether.
(I very much obviously prefer Circle here because it's not heavily abused around the world like USDT is.)