OnePay Opens USDC Deposits and Conversion to USD
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Reported on November 4, 2026, the Walmart-backed financial app OnePay began offering some U.S. customers the ability to deposit USDC into their checking accounts. Eligible users can send USDC from an external cryptocurrency wallet or exchange to the deposit address provided by the OnePay app; the funds are typically converted into U.S. dollars within a few minutes and credited to the user's OnePay Checking account. The service does not charge a conversion fee at launch, although blockchain network fees may apply. The service supports 12 blockchains, including Tempo, Base, Solana, and Ethereum. The report did not disclose when the service would become available to all customers.
AI-written from reports · updated 2 hours ago
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- PYMNTSWalmart-backed OnePay enables USDC deposits into checking accounts and conversion to dollars
OnePay allows some U.S. customers to send USDC from external wallets or exchanges to a deposit address in the app. The funds are typically converted to dollars within minutes and credited to OnePay Checking. The service supports 12 blockchains, including Tempo, Base, Solana, and Ethereum. No conversion fee is charged at launch, though blockchain networks may charge fees.
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