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American retail giants Amazon and Walmart are reportedly considering the possibility of launching their own stablecoins. This move could potentially change how consumers pay for goods online while helping large retailers reduce costly transaction fees. According to the Wall Street Journal, both companies are mulling whether to create brand-specific coins or to adopt external stablecoins through a possible merchant-led consortium. Amazon’s efforts are still in the early planning stages. Sources familiar with the matter said the firm is discussing the potential for an in-house token that could be used for purchases on its platform. Walmart is also weighing similar options and has been lobbying for reforms in the payment space that would support digital payment innovation. By using stablecoins, the mega retailers could bypass traditional financial systems where merchants currently pay 1% to 3% per card transaction. This fee can add up to billions of dollars annually for companies processing high transaction volumes. Stablecoins offer an opportunity to cut these costs, with the added benefit of nearly instant settlement times compared to the one to three business days required for card payments. The move comes as other major e-commerce players begin to adopt stablecoin-based transaction systems. Shopify recently announced plans to fully integrate USD Coin (USDC) payments into its platform via Coinbase’s Ethereum Layer-2 network, Base. The feature is being launched through Shopify Payments and Shop Pay, with the official kick-off date set for the end of this year. The payment mechanism is also already available to selected merchants and includes incentives such as 1% cash back in local currency for customers. However, future stablecoin use by major retailers could depend on upcoming legislation. The proposed GENIUS Act, which aims to create a clear regulatory framework for such digital assets in the United States, recently cleared another procedural step but still requires approval from both the Senate and the House. The final Senate vote on the bill has been scheduled for June 17. In the meantime, trade groups have been actively engaging with lawmakers to support its passage. The Merchants Payments Coalition believes that clear rules for stablecoins would enable lower-cost payment options and introduce more competition to Visa and Mastercard. Meanwhile, major U.S. banks like JPMorgan Chase, Bank of America, Citigroup, and Wells Fargo are also in the early stages of discussions about launching a joint stablecoin venture.

Ethereum is a sociotechnical polycentric transglobal community of multivariant stakeholders ignited by a rich array of cultural imaginaries but which are ultimately bound together by the ineliminable core of the Cypherpunk values of decentralisation, permissionlessness, censorship resistance and credible neutrality, themselves philosophically secured by a confident Social Layer, in particular the ideologically-driven parts of the wider community. - @post_polar_ (with a small edit)

RT @berachaindevs: 🙌 @berachain has officially accepted its first BRIP! 📜 BRIP-0001: Execution Layer Forked Clients The implications of t…

RT @brian_trollz: Here's the second article in the Bitcoin Layer 2 series for @BitcoinMagazine. In this piece, I go over Statechains, a pro…

I've researched Mira Network and ways to secure $MIRA allocation [with $9M raised in seed round]. Don’t just chat with AI. Turn prompts into points, points into tokens. Here’s the ultimate guide to Mira Network. First of all, what is @Mira_Network in simple terms? Mira is a Layer 1 blockchain built to make AI more reliable. It runs AI responses through a decentralized network of AI agents that double-check the facts, removing hallucinations and keeping only accurate answers. Here's your game plan to win with Mira: > You can already test @klok_app, a multi-LLM chat app built on Mira. You earn Mira Points for chatting daily. > Users claim ~100 points/day. Moreover, there is a referral system for which you also receive points. Another way to earn: Yap on Kaito. > Mira was recently listed on Kaito’s Pre-TGE Leaderboard, with 0.5% of total supply set aside for top yappers across 2 seasons. > I like the InfoFi narrative the most because by providing useful content, you can secure a part of the 0.5% $MIRA allocation. For example, some $SKATE yappers earned around $3k-10k. Built their brand and earned 4-5 figures from one project. I'll share daily opportunities and tips for you. So make sure to turn on notifications. Let's summarize it. AI gets things wrong. Mira filters it with on-chain verification, and it works. Tried it yet?