Walmart’s OnePay App to Include Bitcoin, Ethereum Trading
Walmart's fintech platform, OnePay, is poised to introduce Bitcoin and Ethereum trading within its mobile app later this year. The company is collaborating with Zerohash, a stablecoin and crypto infrastructure startup, to integrate trading and custody solutions into the app. This development signifies the increasing acceptance of cryptocurrency as a fundamental offering alongside traditional banking services. OnePay was established in 2021 through a partnership between Walmart and Ribbit Capital to provide modern and affordable financial solutions. Currently, the app features a digital wallet, a high-yield savings account, and a debit card, with its popularity surging, placing it among the top five free finance apps in both Apple and Google Play stores. The move into cryptocurrency aligns with Walmart's broader exploration of blockchain technology, as evidenced by previous considerations for launching its stablecoin.
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