Walmart-backed OnePay Launches Stablecoin Deposits With Instant USD Conversion

Walmart-backed OnePay has rolled out a stablecoin deposit service powered by Stripe. Select U.S. users can now transfer stablecoins from external wallets into OnePay Checking accounts, with funds converted automatically to USD and credited instantly. OnePay is waiving conversion fees during the initial launch. The service supports USDC across 12 blockchains, including Tempo, Base, Solana and Ethereum. OnePay plans to assess adding more stablecoins in the future.