Amazon’s Digital currency project in Mexico

XcelToken Plus
XcelPay Magazine
Published in
2 min readFeb 12, 2021

The e-commerce giant Amazon is probably planning its next move, it appears that the company is preparing to launch a digital currency project in Mexico!

The speculation for yet to be announced project comes from series of job postings carried out by Amazon recently. One job post was for “new payment product”. The video post played, “This product will enable customers to convert their cash into digital currency using which customers can enjoy online services including shopping for goods and/or services like Prime Video.

In an effort to keep its customers hooked to Amazon platforms, it makes more sense for Amazon to foray into the territory of digital assets. After all, companies like Facebook are also planning to launch digital currency in 2021. If Amazon is planning to launch a digital currency project in Mexico, it will definitely tap into a lucrative segment.

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