Some top retailers are considering stablecoins to reduce costs, increase profits, and enhance operational efficiency. The Genius Act, a landmark stablecoin legislation, could open the door for nonbanks to issue stablecoins, expanding the number of retailers offering them. Retail giants like Amazon and Walmart are reportedly planning their stablecoins. Stablecoins could lead to significant cost savings, operational efficiencies, and a better shopping experience with faster transaction settlement times. Investors may want to focus on tech-savvy companies with strong retail platforms like PayPal and Shopify, rather than directly investing in retailers or stablecoin issuers.

Read more at Nasdaq: Why Major Retailers Are Secretly Planning Their Own Stablecoins (and What It Means for Investors)