Amazon and Walmart are set to join the crypto bandwagon. Both retail behemoths are eyeballing their own dollar-backed stablecoins. And just like a new memecoin, Circle, the USDC issuer, stock pumps by more than 25% today just after the news broke.
If these giants jump in, stablecoins might start running the show in retail. You will then can buy toothpaste with crypto, skipping the bank and its fees. It will too push adoption rate, pulling in people who’d never touch Bitcoin but want fast, cheap payments.
Well, imagine buying toothpaste and a new memecoin with the same currency. Open mart without third party wall.
(CRCLUSD)
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Stablecoins To Accelerate Crypto Adoption
The stablecoin game’s already huge, clocking over $260 billion in market cap per Coingecko. Tether and USDC are the big dogs, with USDT boasting $155 billion in MC as the most used stablecoin pairing for crypto trading, followed by $62 billion market cap Circle.
Amazon and Walmart joining in, it could stamps stablecoins legitimacy in the eyes of suits and ties, maybe even dragging banks and other retailers into the mix.
(source)
As we know, USDC is Solana’s heavy hitter. With Circle stock spikes, we might also see stablecoin usage spike. Then, Solana could turn into the go-to chain for retail cash flow. Solana will pull in more developers, users, and traders.
Solana’s fees and costs are built for stablecoins, especially for storing USD digitally. If Amazon and Walmart lean on it, Solana must handle the load before making it a real place for everyday money moves.
Walmart $WMT and Amazon $AMZN are exploring launching their own STABLECOINS, per WSJ.
Both aim to cut billions in card fees and speed up payments, potentially bypassing traditional banks.
Final call depends on the GENIUS Act, now making its way through Congress. pic.twitter.com/nf06enjhOz
— Anastasiia Bobeshko🇺🇦 (@anabobeshko) June 13, 2025
With Stablecoins and Solana eco thriving, Solana native token, SOL, could shoot up as predicted. That would then spark a new frenzy in its memecoin scene. Traders love a hot market, and a SOL pump could mean these new memecoin tokens start flying.
But it is not all perfect. Solana, known for hiccups, needs to fix its congestion and failing transactions, or even rely on a layer-2. It’s not easy, but a solution is necessary.
So, what’s the play? Keep tabs on stablecoin action on Solana and how SOL is holding up. Eyes on the Israel-Iran war now, but crypto will recover stronger.
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This New Memecoin + The Only Solana Layer-2 Combo is Launching Soon
Solaxy, with its SOLX token, is the only Solana Layer-2. A Scaling solution designed to ease Solana’s persistent network congestion. It processes transactions off-chain before bundling them into rollups and settling these TXs on Solana’s mainnet.
It is not just another new memecoin; Solaxy reduces the Solana burden and kills its congestion problems.
With SOLX, transaction speed is settled at lower costs as it addresses delays and failures during high-traffic periods. Solaxy maintains Solana’s security while boosting its scalability.
When Solana season hit its peak, volume was flying through the roof, and SOL just couldn’t handle the sudden spike. Here, Solaxy comes to kill this problem by rerouting all transactions via its layer-2.
Starting in December last year, Solaxy is about to hit $50 million in its ongoing presale. High staking APYs, currently at 85%, have drawn yield farmers and long-term holders as well.
It’s not too late now, but time is limited. Solaxy launch and exchange listing is planned as soon as presale is concluded in less than 2 days.
For the latest updates on the project, connect with the SOLX community on X and TelegramÂ
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Key Takeaways
- Amazon and Walmart are eyeballing their own dollar-backed stablecoins. And just like a new memecoin, Circle stock pumps by more than 25% after the news today.
- This new memecoin + the only Solana layer-2 combo is launching soon.
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