Walmart and Amazon's plans to move payments to stablecoin from traditional payments is not easy says analysts.

Amazon’s efforts to develop a stablecoin are still in the “early stages,” according to the Journal, and there are a lot of questions to sort out. There have reportedly been discussions to use outside stablecoins to settle transactions, but there’s also the possibility the online giant could develop its own.

According to a report by the Wall Street Journal, Amazon and Walmart are mulling plans to introduce a US dollar-backed stablecoin. The final decision regarding the stablecoin issuance will largely depend on the progress of the GENIUS Act.