Odaily Planet Daily News Odaily Planet Daily News, according to people familiar with the matter, Sam Altman's World Network is negotiating cooperation with Visa and plans to integrate Visa card functions into its self-hosted crypto wallet World Wallet, so that it has functions such as fiat currency deposits and withdrawals, stablecoin payments, and can be used in global merchants covered by the Visa network.
World Network is an extension of the Worldcoin ecosystem. It has previously launched the World Chat application and supports crypto payments between users. It is reported that World Network is also negotiating cooperation with Rain, a crypto card service provider supported by Coinbase and Circle, which has provided Visa card support for projects such as Optimism and Avalanche.
A source said that World Wallet's goal is to create a "mini bank account" that allows users to complete foreign exchange transactions, cryptocurrency transactions, recharges, payments and other functions in the wallet. The person also said that considering Altman and his resource strength, "other wallet providers should be worried." (CoinDesk)