Retailers Seen Using Stablecoins to Push Back Against Card Fees

Stablecoins have become one of the hottest buzzwords in the world of finance as of late with US lawmakers on the cusp of passing the first guidelines for mainstream use of the cryptocurrencies designed to mirror the dollar.

Everyone from banks to securities firms to fintech startups are experimenting with the tokens as a means of making payment systems faster and cheaper. That apparently even includes Walmart Inc. and even Amazon.com Inc., the Wall Street Journal reported Friday.

But for most retailers, stablecoins are more likely the newest avenue to gain traction for themselves in a long-running dispute with the ...