The U.S. GENIUS Act, advancing in the Senate, could drive broader adoption of stablecoins by offering regulatory clarity. Major firms such as Bank of America, Morgan Stanley, and international banks are exploring launching their own stablecoins.

The firm's stablecoin clearing system aims to facilitate adoption by solving the stablecoin sector's fragmentation problem.

Retailers Amazon and Walmart are considering issuing their own stablecoins, according to a Friday report in the Wall Street Journal.

Walmart and other retailers reportedly are exploring stablecoin ventures, but some analysts are doubtful these will take off with shoppers.

Visa faces a disruptive threat from major customers Amazon and Walmart developing in-house blockchain-based payment solutions. Find out why V stock is a Sell.

Stablecoin issuer Circle (CRCL) saw a 25% gain on Friday, recouping losses from a 9% decline the previous day following the Senate scheduling a final vote on the GENIUS stablecoin regulation bill and reports of Amazon and Walmart exploring stablecoin offerings.

Denelle Dixon, CEO of the Stellar Foundation, discusses PayPal's launch of its stablecoin, PYUSD, on the foundation's blockchain network.