Retailers such as Amazon and Walmart pay fees to credit card companies every time when a customer uses his visa or master card. And it is no secret that retailers are not happy with the part of the change that stops. But thanks to the emergence of digital money, these retail vendors are allegedly having itching to get away from large banks. In fact, they can also release their own stabelines according to a new report. Wall Street Journal,

According to the Journal, efforts to develop a stabechoin of Amazon are still in “early stages”, and there are lots of questions. It is reportedly discussed to use outside stablecoins to deal with transactions, but it is also likely that online giants may develop their own.

There are two sides of the possibility of developing your own stablecoin. For the beginning: it’s very easy. Anyone can earn their fake digital money these days. The flip side is that you will actually have to maintain enough financial reserves to insert “stable” in the name “stable”. Stablecoins are usually estimated for the dollar, and theoretically, whatever stablecoin releases is equal to a dollar or a dollar that they release.

But you can see how the dice gets done quickly. If StableCoin “DEPEGS”, means that one of your coins is no longer worth $ 1 in American currency, people start selling them for minimalist, and the entire house of the card falls. And you can see where he is. You are out of business soon. Certainly, it is that there will be other obstacles for any scheme for a large company like regulator Amazon, which will be to release their own stabecoin. The journal notes that retailers such as Amazon are likely to start their own crypto as if the so -called Genius Act passes the Congress, which will establish a regulatory framework for stabechoin.

Facebook played with the idea of ​​releasing its own cryptocurrency Back in 2019CEO Mark Zuckerberg’s team dubbed it, but people called the fake money Zakbaks. Even Facebook established a completely new unit called Calibra to oversee the project. But after pushbacks from legislators, things started getting obese for the project. The US House Committee and the Senate Banking Committee heard financial services, became the name of Libra DiemAnd Facebook’s project defeated the social media company by critics as a scam to print the money. It did not work, and Facebook left the project.

But no one knows what would happen if a company like Amazon or Walmart started its stabelcoin today. This is a completely new regulator environment, at least to say. President Trump has appointed David Sachs as the first “Crypto Caesar”, and Trump himself has a cryptocurrency, allegedly adding billions of dollars to the net value of his family. If it was time to try it for an ambitious big retailer, it would actually happen.

Neither Amazon nor Walmart answered the questions emailed on Friday. If we listen back, Gizmodo will update this post.