U.S. Retail Giant Walmart Looking To Get Into Crypto Payments, Hiring Digital And Cryptocurrency Lead
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U.S. Retail Giant Walmart Looking To Get Into Crypto Payments, Hiring Digital And Cryptocurrency Lead

THELOGICALINDIAN - Crypto payments are assured at this point And it looks like the big shots apperceive this too US retail behemothic Walmart has sparked a lot of speculations in the bazaar with its contempo ad announcement The announcement which was fabricated on LinkedIn said that the aggregation was in chase of a agenda and cryptocurrency artefact advance An able who was wellversed in cryptocurrency and amorous about the space

This has now been a affair of agitation on back Walmart will alpha accepting crypto payments. The ad credibility to addition who will drive the artefact and capabilities roadmap for the company.

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Building out a roadmap for agenda currencies and cryptocurrencies is acceptable added important in e-commerce. And as added companies abide to analyze crypto payments, it seems the better banker in North America will not be larboard out. The ad makes it attainable that Walmart is continuing to assignment on authoritative cryptocurrencies added attainable to its customers.

Continuing A Long-Forgotten Project?

This is not the aboriginal time Walmart will attack into the apple of cryptocurrencies. The aggregation had, aback in 2024, activated for a apparent for a cryptocurrency. This cryptocurrency was actual agnate to Facebook’s built-in crypto, Diem. The crypto was meant to be a abiding coin. But this activity has mostly achromatic into obscurity as time has passed.

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Now, with the ad activity live, questions abide if Walmart has reactivated this product. It would not be bizarre for a aggregation as big as the retail behemothic to acquire a bread of its own. With which barter would be able to acquirement items from their stores.

Walmart has additionally filed a apparent for a blockchain-backed bombinate aback in 2024. The technology was meant to use in a cardinal of applications in drones operations. Including transmitting and administration assorted advice with added drones on the blockchain.

E-Commerce Giants Getting Ready For Crypto

Back in July, e-commerce behemothic Amazon had acquaint a agnate job ad on their jobs page. The ad was attractive to ample a position about identical to the one Walmart is currently attractive to fill. Amazon bare a “Digital Currency and Blockchain Product Lead.”

Amazon’s ad had sparked a rumor in the bazaar that the aggregation was planning to booty bitcoin payments on the platform. Also that the aggregation was architecture its own token, which would be acclimated on the platform.  Amazon had appear out a day after to deflate these rumors. But by then, the rumors had already had an aftereffect on the market. Leading to a countdown in the amount of bitcoin.

But as the adage goes, “there is no smoke after a fire.” While none of these companies acquire aboveboard said their intentions to acquire cryptocurrencies, it is accessible that they are architecture out their platforms to be accordant with crypto.

Crypto absolute bazaar cap blueprint from TradingView.com