Key Takeaways
- •Walmart's OnePay plans Bitcoin, Ether integration by late 2025.
- •Partners with Zerohash for infrastructure.
- •Potential increase in retail crypto participation.
Walmart-owned OnePay intends to introduce Bitcoin and Ether trading and custody through its mobile app in late 2025, partnering with crypto infrastructure provider Zerohash.
This integration aims to enhance crypto accessibility for retail users, potentially increasing participation without immediate price impacts on the broader crypto market.
Walmart's fintech unit, OnePay, will introduce Bitcoin and Ether trading by 2025. The integration will occur through collaboration with Zerohash, a firm providing crypto infrastructure. Currently, no official statements are available from OnePay or Walmart executives.
The launch involves key players such as Walmart, the majority owner, and Ribbit Capital, a venture partner. Zerohash will manage the trading and custody features. This move positions OnePay alongside fintechs like PayPal and Venmo in the crypto space.
Immediate effects may include increased access to Bitcoin and Ether for OnePay users. Retail participation in cryptocurrency is expected to rise. However, no significant market pricing shifts have been observed or reported at present.
Financial implications might include increased user wallet creation and potential shifts in retail transactions. Political or regulatory responses are yet to emerge, with no statements from the SEC or CFTC currently documented.
Reports indicate no current on-chain data reflecting this planned rollout. Zerohash-managed wallets might underlie any future liquidity changes. Users will have the option to buy, hold, and spend cryptocurrencies through OnePay.
Insights suggest retail adoption could expand, similarly to PayPal's earlier moves.
Historical trends illustrate a spike in user‑engagement without broad DeFi impacts. Technological advancements align with Zerohash providing a robust backend for this feature addition.
Current Primary-Source Status Summary: There are no official statements or quotes from the CEO, founder, or other key leaders of OnePay, Walmart, or Zerohash regarding the integration of Bitcoin and Ether trading on OnePay’s mobile app.