Walmart Slips 041% in Eighth Straight Day of Losses Trading Volume Ranks 36th

On June 13, 2025, Walmart (WMT) experienced a 0.41% decline, marking its eighth consecutive day of losses, with a total decrease of 5.54% over the past eight days. The trading volume for the day was 17.65 billion, placing it 36th in the daily market rankings.

Walmart, along with Amazon, is reportedly considering the issuance of their own stablecoins. This move could potentially reduce the billions of dollars in credit transaction fees that these retail giants currently pay to credit card providers like Visa and Mastercard. Stablecoins are a type of cryptocurrency that is directly pegged to another commodity, often the U.S. dollar, which helps to prevent the volatility associated with other crypto assets like Bitcoin.

By launching their own stablecoins or accepting existing ones at checkout, retailers like Walmart and Amazon could operate a payments system that bypasses traditional banks and credit card providers. This could result in significant savings on fees, including interchange fees paid to Visa and Mastercard. The Senate is currently considering a bill known as the Genius Act, which would establish a framework for private companies to issue stablecoins. This proposal passed an initial procedural vote but requires a full floor vote in both chambers of Congress.