Re: Does it make sense for Amazon to develop its own Stablecoin?
Hi all,
Would like to learn your thoughts on whether Amazon should develop its own Stablecoin or leverage an existing Stablecoin, like USDC and USDT? Understand that Libra from Meta failed, but Amazon should have a larger volume regarding cross-border transactions and payments. Welcome any thoughts on the topic and any referrals to existing cost-benefit studies on this (not sure if the big consulting firms have researched the subject). Thanks!
Would like to learn your thoughts on whether Amazon should develop its own Stablecoin or leverage an existing Stablecoin, like USDC and USDT? Understand that Libra from Meta failed, but Amazon should have a larger volume regarding cross-border transactions and payments. Welcome any thoughts on the topic and any referrals to existing cost-benefit studies on this (not sure if the big consulting firms have researched the subject). Thanks!
Well if they can able to do it and make the stable coin they made so useful especially if they accept it on their own platform then why not?
This provably would give their platform user a good option to use their stable coin to pay for their bought goods. Also they would have an option to use it for other things in cryptocurrency market especially if they allowed to trade it there.
Curious if they really do it since as of now they are exploring many things and provably they do lots of studies since they don't want to create a mistake for launching their own stable coin in future.