Visa and MasterCard actions backs back after it was known that Amazon and Walmart evaluate to broadcast their own stablecoins.
The actions of Visa and Mastercard They retreate more than 4% this Friday after it was known that Amazon and Walmart They evaluate to emit their own stable. The initiative seeks to reduce commissions costs and gain autonomy in payments, which could affect the business of traditional networks.
Both companies, together with others such as Expedia and Airlines, analyze launching stable digital currencies backed by dollars or treasure bonds. The progress of the project will depend on the approval of the Genius Law, which would establish a regulatory framework for these digital assets, announced the Wall Street Journal.
Analysts consider that, although the immediate impact is limited, the movement reflects a growing trend of large retailers to look for alternatives to card networks. Visa and Mastercard shares fell between 4.7% and 5.2%, respectively.
Bad day for cryptocurrencies
While the crypto universe expands, the cryptocurrency market It falls this Friday, June 13, Ethereum collapses 7%, drills the key level of US $ 2,600 and is located U $ 2,559. Bitcoinon the other hand, it also yields, but to a lesser extent, around 1.7% au $ s105,587 and moves away from its historical maximum, according to Binance
The rest of the cryptocurrencies descend up to 8.5% headed by Avalache, followed by Sui (-8%), Solana (-6.9%), Cardano (-6.3%), Dogecoin (-5.2%).
These casualties occur within the framework of the Geopolitical and commercial volatility that affects the appetite for risk assets.
This Friday, Israel launched a “preventive” attack large -scale aerial against nuclear and military objectives against Iran. The Israeli army assured that a “An attack with missiles and drones against the state of Israel and its civilian population in the immediate future.”
Source: Ambito
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