What Value Could a Walmart Cryptocurrency Have? — Market Mad House

Strangely, Walmart (NYSE: WMT) could be one of Facebook’s (NASDAQ: FB) rivals in the race to commercialize corporate cryptocurrency and stablecoins.

In fact, Walmart has applied for a patent for what looks like a stablecoin, Bloomberg reports. To explain, U.S. Patent Application 20190236564 is for a blockchain application for “saving if the one digital currency unit is unrestricted; and storing the one digital currency into a digital currency reserve.”