Walmart Makes Move Into Crypto, Files For Stablecoin Patent

A global retail major, Walmart has made public that it has filed application with US Patent and Trademark Office (USPTO) for its own stable cryptocurrency which is most likely pegged to USD. In its statement: “Using a digital currency, low-income households that find banking expensive, may have an alternative way to handle wealth at an institution that can supply the majority of their day-to-day financial and product needs.”

Leave a Reply

Your email address will not be published. Required fields are marked *