U.S. retail giant Walmart might be preparing to release its own cryptocurrency in the form of a Stablecoin that purportedly backed by the U.S. Dollar.
This was revealed when the retail giant filed a new digital currency patent describing a Stablecoin that is backed by the USD.
Taking a closer look at Walmart’s patent applications, it seems that the retail giant aims to help low-income households that find banking expensive similar to that of Facebook’s Libra.
This new patent filing seems to be another attempt of Walmart to enter the banking ecosystem after it failed years ago due to pushback from politicians and regulators.
Headlines for the world of Cryptocurrencies - August 02, 2019
- CFTC Says LedgerX Physical Bitcoin Futures Not Yet Approved
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- NBA Taking A Shot On Blockchain Technology
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Headlines for the world of Cryptocurrencies - August 01, 2019
- New Regulated Crypto Exchange In Middle East Opens
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- Singapore Could Be The First Country To Embrace Bitcoin
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- U.S. Politicians Acknowledges The Power Of Bitcoin
Headlines for the world of Cryptocurrencies - July 31, 2019
- PundiX Integrates Samsung Wallet Into Their App
- US Military To Devleop Blockchain-Based Cybersecurity Shield
- Tethers Becomes Cryptocurrency Of Choice For Chinese Importers
- USDT Now Available on Liquid Network
- U.S. Senate’s Crypto Inquisition
