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OnePay, the Walmart-backed banking app, plans to add crypto support by offering Bitcoin and Ether trading plus custody later this year, positioning the platform as a U.S. “superapp” that bundles banking, payments and crypto services under one roof.
OnePay will add Bitcoin (BTC) and Ether (ETH) trading and custody later this year
OnePay is majority-owned by Walmart and aims to become a WeChat-style U.S. superapp.
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Regulatory commentary from the SEC and industry moves by Coinbase and Toss are accelerating the superapp race.
OnePay crypto support: Walmart-backed app to add Bitcoin & Ether trading and custody later this year. Read the facts and timeline—what to expect next.
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What is OnePay planning for crypto trading and custody?
OnePay crypto support refers to the Walmart-backed banking app’s reported plan to enable cryptocurrency trading and custody for Bitcoin (BTC) and Ether (ETH) later this year. The move aims to integrate crypto services into OnePay’s existing banking, payments and telecom offerings.
How will OnePay add Bitcoin and Ether support?
According to a report by CNBC (reported as plain text source), OnePay will roll out trading and custody features in phases. Initial support will target Bitcoin and Ether, with custody infrastructure integrated to hold user assets securely.
OnePay already offers high-yield savings, credit and debit cards, loans and wireless plans. Adding crypto trading and custody follows a pattern among fintechs to expand financial services within one platform.
Why is OnePay positioning itself as a U.S. superapp?
OnePay aims to emulate the WeChat model by combining payments, banking and digital services in a single app. Executives view crypto as a complementary product that can increase user engagement and lifetime value.
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Regulatory context matters: recent commentary from the U.S. Securities and Exchange Commission and public statements by SEC officials highlight a willingness to consider frameworks that allow multi-service financial platforms to operate under coordinated oversight.
How does this fit into the broader superapp race?
Industry moves by major players underscore the trend. Plain text references: Coinbase has publicly discussed building a crypto superapp; Toss is expanding finance services in international markets; Elon Musk’s X is developing broader app capabilities. These developments show multiple approaches to the same goal.
Platform | Core focus | Crypto intention | Market note |
---|---|---|---|
OnePay | Banking + payments | BTC & ETH trading + custody (planned) | Walmart-backed; targets U.S. superapp role |
Coinbase | Crypto exchange | Expanding into cards, payments | Publicly pursuing superapp features |
Toss | Fintech superapp (Asia) | Regional expansion; stablecoin plans | South Korean unicorn; international push |
Frequently Asked Questions
When will OnePay enable Bitcoin and Ether trading?
Reporters say OnePay plans to roll out BTC and ETH trading and custody later this year. No official release date has been provided by OnePay at publication time.
Will OnePay provide custody for crypto assets?
Yes. The report specifies custody services will be available, indicating OnePay will store user crypto assets in a custodial solution rather than offering non-custodial wallets at launch.
Is OnePay regulated for crypto services?
OnePay’s regulatory status for crypto has not been fully detailed publicly. Recent regulatory commentary from SEC leadership suggests evolving frameworks that could affect how superapps offer trading, lending and staking.
Key Takeaways
- OnePay crypto launch: OnePay will add BTC and ETH trading and custody later this year, according to reporting.
- Superapp strategy: The addition of crypto fits OnePay’s strategy to be a U.S. superapp combining banking and payments.
- Regulatory backdrop: SEC commentary on multi-service platforms could shape how OnePay deploys trading and custody features.
Conclusion
OnePay crypto support marks a notable step in the U.S. push toward consolidated finance apps. Backed by Walmart, OnePay’s reported plan to add Bitcoin and Ether trading and custody later this year places it squarely in the competitive race to build a Western superapp. Watch for official announcements and regulatory updates for launch timing and feature details.
Published: 2025-10-03 · Updated: 2025-10-03 · Author: COINOTAG
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Source: https://en.coinotag.com/walmart-backed-onepay-could-add-bitcoin-trading-and-custody-later-this-year/