- Visa integration may enable stablecoin payments at thousands of global merchants
- World wallet expansion targets mini bank features with FX, stablecoins, and fiat tools
- Worldcoin’s native token, $WLD, has jumped over 10% in the last 24 hours
Sam Altman’s ambitious crypto venture, World Network, is reportedly in advanced discussions with Visa to integrate stablecoin-based payments directly into its self-custody, World Wallet.
Once finalized, the deal would allow World Wallet users to make purchases at thousands of Visa-affiliated merchants worldwide using stablecoins. This marks a further move by major financial entities to bridge the gap between cryptocurrency and mainstream payment methods.
What are World Network’s Goals for the Digital Wallet?
World Network, a blockchain-driven ecosystem, was developed to expand the capabilities of Worldcoin’s biometric identity project. Its primary product, World ID, serves as a digital passport designed to verify user identity online. With the proposed Visa integration, the team behind World Network aims to evolve its wallet into a versatile financial tool.
Beyond basic storage, the wallet may soon support foreign exchange (FX), stablecoin transfers, fiat on-and-off ramps, and on-chain Visa card functionalities. This would essentially provide users with access to a comprehensive digital financial account within the cryptocurrency wallet, offering both flexibility and convenience.
Related: Sam Altman’s $9.74B Twitter Offer To Elon Musk’s $97.4B OpenAI Bid
Who Else is Tools for Humanity Engaging With?
Tools for Humanity, the company behind World Network, has also reportedly contacted several crypto card enablers. Among them is Rain, a company backed by Coinbase and Circle that facilitates on-chain Visa cards for blockchain platforms such as Optimism and Avalanche.
Given Altman’s reputation and deep resources, competing wallet providers may find themselves under pressure to innovate quickly.
Current Market Performance of the $WLD Token
Concurrently, Worldcoin’s native token, $WLD, is showing signs of bullish momentum. The price has increased by over 10% in the last 24 hours, reaching $0.9032, with a trading volume nearing $189 million. The market capitalization now exceeds $1 billion.
Related: Sam Altman’s Worldcoin Rebrands to World, Targets 1 Billion Users with New Blockchain
From a technical perspective, indicators suggest the token may experience further upward movement. The Relative Strength Index (RSI) has risen to 46.75, approaching neutral territory, and the MACD has crossed above the signal line. The histogram turning green also indicates growing positive sentiment among traders.
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