Walmart
Ripple, Coinbase, Wise and Sony Bank are pursuing bank charters to offer crypto services directly, joining Walmart and other fintechs after President Trump cleared the way for new financial firm types. The development could speed mainstream adoption and intensify competition in custody and payments.
Bank tokens are becoming preferred over public blockchain stablecoins for many small and medium-sized transactions. Major companies like Walmart and Amazon are exploring issuing their own tokens, showcasing a shift in the crypto payment landscape. Platforms like Bitlet.app are enabling users to explore these evolving crypto options with flexible services such as crypto installments.
OnePay, a Walmart-backed fintech, plans to integrate Bitcoin and Ether trading and custody into its mobile banking app by 2025, partnering with Zerohash to offer seamless crypto services alongside traditional banking features.