Walmart Trading Volume Plummets 29.57% to 9.93 Billion, Ranks 50th in Market

On June 17, 2025, Walmart (WMT) experienced a significant decline, with its trading volume dropping by 29.57% to 9.93 billion, placing it at the 50th position in the day's stock market rankings. The stock price fell by 0.06%, marking the tenth consecutive day of decline, with a total decrease of 5.75% over the past ten days.

Walmart, along with Amazon, is exploring the launch of its own stablecoins, which are digital currencies pegged to traditional assets like the U.S. dollar. This move aims to reduce high credit card transaction fees, which cost retailers billions annually. By issuing stablecoins, Walmart could simplify payment processes, eliminate third-party payment processors, and gain more control over transactions on its platform. This initiative is part of a broader trend among major companies exploring digital currencies to optimize financial operations.

The introduction of stablecoins by Walmart could have far-reaching implications for the financial landscape. By bypassing traditional payment networks, Walmart could disrupt the existing financial infrastructure, leading to increased competition and innovation in the payment industry. This development could also encourage other major retailers to explore similar initiatives, further accelerating the adoption of digital currencies.

However, the road to launching stablecoins is not without challenges. Walmart will need to navigate a complex regulatory environment and comply with new regulations, such as the proposed "Genius Act" in the U.S., which could regulate how private companies issue stablecoins. Despite these hurdles, the entry of major retailers like Walmart into the cryptocurrency space could drive further adoption of digital currencies among the general public, laying the groundwork for future innovation in digital payments.