According to reports, Walmart will launch a mobile app for bitcoin trading.

According to CNBC, Walmart, the biggest retailer in the world, plans to incorporate Bitcoin and Ethereum trading into its OnePay mobile app.

With the help of the firm Zerohash, cryptocurrency transactions will be integrated into the platform’s current financial interface. By the end of 2025, the business plans to fully roll out the feature, introducing it gradually in a few U.S. states.

Users will have the option to add cryptocurrencies to their accounts, which will then be instantly converted into fiat money for use in future in-store transactions.

In 2021, Walmart and startup capital firm Ribbit Capital launched the fintech business OnePay. Cryptocurrency integration is one of the first steps toward the company’s goal of developing a “super app,” according to sources.

Numerous significant businesses have already included bitcoins into their offerings. The massive payment company PayPal is a prime example; it began integrating digital assets in 2020 and even introduced its own stablecoin, PYUSD, in 2023.

The company also revealed the launch of a P2P platform in mid-September of this year. It will work with PayPal’s “stablecoin,” Ethereum, and Bitcoin.

It was announced in October that Samsung, in collaboration with the exchange Coinbase, will allow owners of Galaxy smartphones to buy cryptocurrencies directly through an integrated wallet.

 

 

 

 

 

 

 

 

 

Disclaimer and Risk Warning
coinweck does not endorse or is responsible for any content, accuracy, quality, advertising, products, or other materials on this page. The image used in this article is for informational purposes only and is provided to us by a third party.  coinweck should not be held responsible for image copyright issues. Contact us if you have any issues or concerns. Readers should do their research before taking any actions related to the company.