American supermarket chain will issue its own cryptocurrency

(ORDO NEWS) — Walmart, the largest American supermarket chain, plans to create its own cryptocurrency and a collection of unique NFT tokens.

According to the US Patent and Trademark Office, Walmart filed applications for new trademarks late last year, where the company announced in a separate paragraph that it would offer users virtual currency, as well as NFTs.

Josh Gerben, a lawyer, believes that ever since Facebook announced its company name change to Meta, signaling its ambitions beyond social media, businesses have been rushing to figure out how they will fit into the new virtual world.

Earlier it became known that PayPal is working on options for creating its own cryptocurrency. In this case, the “coin” of the company will be backed by the US dollar.

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