North America’s largest retailer, Walmart, is entering the cryptocurrency market. The retail giant is seeking to hire an individual to implement a digital currency roadmap, with the inevitable end goal of allowing customers to pay using crypto. Eventually, shoppers should be able to purchase their groceries using memes like Dogecoin (DOGE) as legal tender.
Walmart Crypto: Does the retailer accept DOGE, SHIB, BTC, and more?
Walmart is hiring a “Digital Currency and Cryptocurrency Product Lead” to allow customers to buy goods and services using crypto. It’s unclear when Walmart will start accepting cryptocurrencies, though it could be sooner rather than later. According to recent reports, Amazon plans to implement crypto payments by the end of 2021. In order to stay competitive in the space, Walmart is most likely aiming to achieve a similar timeframe.
The Walmart job listing also mentions that the successful candidate will lead the charge on identifying potential cryptocurrency investment opportunities and partnerships. In addition to accepting meme crypto as a form of payment, Walmart could become an active investor if the likes of Dogecoin continue to grow. Any potential partnerships could also prove fruitful for the crypto industry; one of Amazon’s rumored partners, AMP, grew by 50% in a single day when the rumors broke last month.
Another possibility is an actual Walmart crypto that customers can invest in. The company has already shown willingness in this regard, previously patenting a price-stable cryptocurrency. That hasn’t amounted to much yet, though it’s possible that Walmart will revisit the idea with a specialist on staff.
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