Walmart, Starbucks and More Are Accepting Crypto Payments: What It Means for You

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RegExp("[?&]notifications=1(&|#|$)");"desktop"===y&&i&&b.test(window.location.search)&&(i.checked=!0)};ge("ybar-mod-notification",(function(e){var t={isUH3:"crunch"===e.getConfig().ytheme,notifContainer:document.getElementById("notification-container"),notifBadge:document.getElementById("notif-badge"),notifMenu:document.getElementById("ybarNotificationMenu"),notifMenuOpener:document.querySelector("#ybarNotificationMenu + label"),notifDropdown:document.getElementById("notifDropdownContainer"),tooltipContainer:document.querySelector(".".concat($n)),notifLabel:document.querySelector(".".concat(Xn))};t.notifDropdown&&so(e,t)}))}()}};]]>Dawn AllcotSat, December 27, 2025 at 9:22 PM GMT+1 3 min readThe future of finance is here. More U.S. retailers are accepting cryptocurrency as payment, albeit with the added step of converting the coins into cash first. For instance, Walmart shoppers must first sell their bitcoin or ethereum holdings within the Walmart OnePay mobile app. Then, they can pay through the app by scanning the bar code at checkout (or paying online, of course).Starbucks has accepted bitcoin and ethereum since 2021, using a similar process through the SPEDN mobile app, according to QZ.com. However, no retailer is currently accepting these instruments as a direct form of payment.“I have not seen any of these stores actually advertise payment with crypto [directly], yet,” said Brian Spinelli, Co-CIO at Halbert Hargrove. “Walmart is starting to integrate it into the OnePay app.”Even so, there’s a huge advantage for many people to convert their crypto holdings to cash as needed. Whether shoppers use it to buy baby formula or just a Frappuccino, the ability to tap into cryptocurrencies as needed or desired could change the world of digital finance for consumers and investors, alike.“There are numerous people, even in the US, who are unbanked. They don’t use traditional banks, and this is going to make it easier for them to convert [crypto] holdings into a payment form,” Spinelli said. “If you don’t have a bank account, but you own crypto on your phone … This is bridging that gap to allow mainstream retailers to open to a consumer base that might not have access to free banking like a lot of us do.”Read Next: I Asked ChatGPT How To Get Rich Off of Bitcoin — Here’s What It SaidLearn More: 4 Low-Risk Ways To Build Your Savings in 2025Selling crypto to cover expenses, however, could be a costly move you may regret if bitcoin continues to appreciate.“Bitcoin [should] be viewed as an investment against the depreciation of the fiat currency,” said CK Zheng, cofounder and CIO of ZX Squared Capital.You should also be aware of tax ramifications. Currently, the IRS taxes digital assets as property, not currency. That means any transactions must be reported as capital gains or losses.“You’re going to have a lot of gain-loss scenarios where you might have a lot of transactions to report,” Spinelli warned.This may be a lot to track, especially if you don’t have a tax accountant or financial advisor to help.Plus, remember that if you sell your bitcoin to make a purchase and then return that merchandise, you’ll receive the cash value, which could mean a loss from your initial investment.Terms and Privacy PolicyPrivacy & Cookie SettingsMore InfoS&P 5006,929.94 -2.11 (-0.03%)Dow 3048,710.97 -20.19 (-0.04%)Nasdaq23,593.10 -20.21 (-0.09%)Russell 20002,534.35 -13.74 (-0.54%)VIX13.60 +0.13 (+0.97%)Gold4,552.70 +49.90 (+1.11%)Trending tickersBTC-USD Bitcoin USD 87,497.20 -39.61 (-0.05%)XRP-USD XRP USD 1.85 +0.01 (+0.36%)ETH-USD Ethereum USD 2,929.65 +3.06 (+0.10%)SOL-USD Solana USD 123.57 +1.49 (+1.22%)AEIS Advanced Energy Industries, Inc. 217.86 +0.63 (+0.29%)PortfolioSign in to access your portfolioSign inTop gainersELPC Companhia Paranaense de Energia 9.65 +0.79 (+8.92%)PSLV Sprott Physical Silver Trust 26.04 +2.08 (+8.68%)ZETA Zeta Global Holdings Corp. 20.70 +1.59 (+8.32%)CPNG Coupang, Inc. 24.27 +1.47 (+6.45%)XPEV XPeng Inc. 20.78 +1.21 (+6.18%)Top losersRGC Regencell Bioscience Holdings Limited 21.16 -3.44 (-13.98%)FLY Firefly Aerospace Inc. 23.34 -3.70 (-13.68%)TMC TMC the metals company Inc. 6.82 -0.80 (-10.50%)AAOI Applied Optoelectronics, Inc. 37.17 -3.83 (-9.34%)RGTI Rigetti Computing, Inc. 22.38 -2.13 (-8.69%)Most activeNVDA NVIDIA Corporation 190.53 +1.92 (+1.02%)TSLA Tesla, Inc. 475.19 -10.21 (-2.10%)PLUG Plug Power Inc. 2.0700 -0.0300 (-1.43%)ONDS Ondas Holdings Inc. 8.48 -0.65 (-7.12%)NIO NIO Inc. 5.10 +0.19 (+3.87%)Top economic eventsEarnings eventsMy earnings eventsEarnings events