Amazon (AMZN), one of the world’s largest e-commerce and cloud computing companies, is reportedly exploring its own entry into this space by launching a stablecoin for online transactions.

According to Kevin Lehtiniitty, CEO of stablecoin network Borderless.xyz, a stablecoin issued by a big retailer would feel similar to using a gift card. Reeves shared a similar perspective.

According to Kevin Lehtiniitty, CEO of stablecoin network Borderless.xyz, a stablecoin issued by a big retailer would feel similar to using a gift card. Reeves shared a similar perspective.

The exploration of a stablecoin may distract from Snail, Inc.'s core gaming business, particularly if it diverts resources and attention away from existing game development and innovation efforts.

Coinbase, Circle rally as stablecoin momentum heats up Ines Ferré June 26, 2025 ...