Walmart-Backed OnePay Lets Customers Turn Stablecoins Into Checking Dollars
By PYMNTS
AI summary of the source article
Walmart-backed OnePay now allows customers to deposit stablecoins directly into their checking accounts, where funds arrive as U.S. dollars. The launch connects cryptocurrency earnings with everyday consumer spending.
Why it matters
The move puts a mainstream consumer FinTech app right where crypto earnings meet everyday spending.
Key facts
- OnePay allows customers to deposit stablecoins directly into checking accounts as U.S. dollars.
- OnePay is backed by Walmart.
- OnePay cited industry figures showing about $1.79 trillion in adjusted stablecoin transaction volume.
Source excerpt · PYMNTS
Walmart-backed OnePay is letting customers deposit stablecoins straight into their checking accounts, where the money arrives as U.S. dollars. The move puts a mainstream consumer FinTech app right where crypto earnings meet everyday spending. It also comes as stablecoin use grows fast. OnePay cited industry figures showing about $1.79 trillion in adjusted stablecoin transaction volume […] The post…