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Walmart-Backed OnePay Said to Add Bitcoin and Ether Trading via Zerohash

Sources frame the move as a step in OnePay’s push to build a U.S. finance super app.

Overview

  • Reports say OnePay plans to roll out bitcoin and ether trading and custody in its mobile app later this year.
  • Zerohash would handle the infrastructure for custody and transactions, according to the reports.
  • Users would be able to hold crypto in the app and convert balances to dollars for purchases or to pay card bills.
  • OnePay’s app ties into Walmart’s in-store and online checkout, giving potential reach to roughly 150 million weekly shoppers, and it now ranks top five among free finance apps on Apple’s App Store.
  • The company has not announced the feature, with a spokesman declining to comment, as banks and fintechs including PayPal, Cash App, and Morgan Stanley broaden crypto offerings.