Latest OnePay Hits $4 Billion as Brokerage-as-a-Service Pulls Walmart Into Robinhood Race in Cryptocurrency

Cryptocurrency news Meta’squiet rollout last week of USDC creator payouts in Colombia and thePhilippines, four years after the company sold its failed Diem stablecoin (formerly Libra) assets to Silvergate Bank for $182 million, has revived the old question ofwhether Big Tech is finally coming for retail finance. The answerin 2026 is yes, but not from Apple, Google or Mark Zuckerberg. Singapore Summit: Meet the largestAPAC brokers you know (and those you still don’t!) Theclearest competitive threats to Robinhood, Trading 212, eToro and Revolut arebeing assembled inside Walmart’s OnePay app, valued above $4 billion, and ElonMusk’s X Money, now licensed to handle paymentsacross 41 US states. Both leanon the same architecture, brokerage-as-a-service, or BaaS, plugging Zerohashand DriveWealth into apps that already reach hundreds of millions of users. OnePayadded Bitcoin and Ethereum trading via Zerohash in October 2025, then partneredwith DriveWealth at the end of that month to bring stocks and ETFs into thesame banking app. X hasrolled out cashtags for stock and crypto charts and signaled plans to plug tradingdirectly into the timeline.

Meta’s $3 Billion CreatorPipeline Lands in USDC, Not Libra Metaconfirmed on April 29 that it had begun routing creator payouts in Circle’sUSDC stablecoin via Stripe’s Link wallet, with settlement on Solana andPolygon. The pilot is currently limited to two markets selected for highcreator-economy density and weak cross-border banking infrastructure.

The companypaid out roughly $3 billion to creators globally in 2025, according to Fortune,with growth of about 35% year-over-year. Polygon Labs CEO Marc Boiron said theprogram is expected to expand to more than 160 countries by year-end 2026. The setupexplicitly avoids the central feature that doomed Libra: Meta is not issuingits own coin. Spokesperson Andy Stone has publicly pushed back on parallels tothe original 2019 project. Meta has begun testing payouts to content creators using the USDC stablecoin on the Polygon blockchain, aiming to speed up payments and simplify cross-border transfers. The program, currently piloted in Colombia and the Philippines, is expected to expand to over 160 countries,… pic.twitter.com/rHbAGOHjR3 — What’s Trending (@WhatsTrending) May 4, 2026 FinanceMagnates.comcoverage of Meta’s stablecoin re-entry strategy flagged that the company was racingto launch before the GENIUS Act’s restrictions on Big Tech stablecoin issuancefully take effect.

OnePay Hits $4 BillionValuation With a Stack That Looks Like Revolut OnePaybegan life in January 2021 as a joint venture between Walmart and RibbitCapital, the same VC firm behind Robinhood, Affirm and Credit Karma. Afteracquiring fintechs Even and ONE, it rebranded to OnePay in March 2025. Through2024 and 2025, the company built out a stack that now matches or exceedsRevolut on most consumer verticals. A 2024 funding round valued OnePay at $2.5billion. A 2025 employee tender pushed the figure above $4 billion, accordingto Bloomberg.

Scoring:1.0=live consumer product; 0.5=exploring or in development; 0=no product.Verticals: Payments (P2P/wallet),  » …

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Carla Contass

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