World Network, formerly known as Worldcoin, is in early talks with Visa about creating a stablecoin wallet. This partnership aims to integrate crypto payments into Visa’s extensive global network.
The discussions were initiated by Tools for Humanity, the company behind World Network. The goal is to develop a wallet that functions like a “mini bank account.” This wallet would include features like fiat on-ramps, foreign exchange capabilities, and on-chain card services. It would enable stablecoin transactions using Visa’s large infrastructure.
Crypto influencer Mario Nawfal mentioned that OpenAI CEO Sam Altman is leading the talks with Visa. The wallet would be connected to the Worldcoin ecosystem and aim to make stablecoin payments easier, similar to traditional finance tools.
Following this news, Worldcoin’s price increased, showing investor interest and optimism. However, it is still uncertain if a final agreement will be reached, as neither company has confirmed any official deal, and the negotiations are in the early stages.
Visa has previously explored the crypto industry. In 2024, the company entered the real-world asset space and partnered with platforms like Coinbase for faster fund transfers. However, Visa’s earlier attempts to integrate stablecoins had mixed results.
Some reports indicated that stablecoins could disrupt Visa’s traditional revenue models. Despite these concerns, Visa continues to explore crypto solutions, especially as stablecoins gain importance in the financial world.
The potential partnership could help World Network regain momentum after facing regulatory challenges and a price drop in 2024. This news has boosted community confidence. If successful, the stablecoin wallet could position World Network as a significant player in digital finance, especially with the support of a well-established brand like Visa.
Currently, there is no confirmation or timeline for the deal. However, the ongoing discussions and market reactions suggest that stablecoins may soon have a larger role in mainstream finance.
