Amazon, Walmart developing USD-backed stablecoins

26/06/2025 3 min Temporada 1 Episodio 2
Amazon, Walmart developing USD-backed stablecoins

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Episode Synopsis

 Fintech firm Republic is launching blockchain-based rSpaceX tokens, giving retail investors exposure to the value of Elon Musk’s SpaceX without owning actual shares. Grove, a new DeFi protocol focused on institutional-grade credit infrastructure, has emerged from stealth with a $1 billion commitment to tokenized asset strategies. Amazon and Walmart are quietly developing their own USD-backed stablecoins following the U.S. Senate’s passage of the GENIUS Act, signaling a bold challenge to the $143 billion payment processing industry.Website: foretoken.xyzNewsletter: foretoken.beehiiv.comPodcasts: foretoken.xyz/podcastsSpeaking: foretoken.xyz/speakingConsulting: foretoken.xyz/consultingFollow us:Jason Rowlett on X: @rowlettreportForetoken X: @foretokenrwaLinkedIn: /foretokenrwaTelegram: @foretokenalertsForetoken Signal NetworkRGI Enterprises, LLCAustin, Texas ©2025 Hosted on Acast. See acast.com/privacy for more information.

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