Worldcoin and Visa: A partnership to revolutionize payments with stablecoins?
- Worldcoin and Visa: Wallet negotiations.
- Stablecoins on Visa's global network.
- “Mini-bank account” with cryptocurrencies.
Worldcoin and Visa are reportedly in talks to develop a stablecoin wallet. This potential partnership has the potential to transform cryptocurrency payments on a global scale by integrating crypto-native capabilities into Visa’s vast network.
The negotiations are being led by World Network, a blockchain-based biometric identification system, through its parent company, Tools for Humanity. The initiative aims to create a stablecoin wallet that is compatible with the Visa Network infrastructure.
It is worth noting that, even without official confirmation from both parties, the speculation generated great repercussions in the crypto market, boosting the value of Worldcoin by 13%. On March 25, the asset's price peaked at around US$0,94, falling later. At the time of publication, the price of NOME was quoted at US$0,9229, up 0.4% in the last 24 hours.
The innovative initiative envisages the creation of a “mini-bank account” that would include currency exchange and fiat conversion capabilities, allowing users to make stablecoin payments through Visa’s global network. This integration has the potential to facilitate cryptocurrency transactions for millions of users worldwide.
Mario Nawfal, a well-known name in the cryptocurrency industry, commented on a possible partnership between Worldcoin and Visa on his official X account.
“SAM ALTMAN IN TALKS WITH VISA FOR STABLECOIN WALLET. OpenAI CEO Sam Altman is reportedly working with Visa to develop a crypto stablecoin wallet tied to the Worldcoin ecosystem. The wallet would integrate on-chain card capabilities and enable stablecoin payments across Visa’s global network. Sources say the goal is to make World Wallet a “mini bank account” with FX, fiat on-ramps, and more,” wrote .
Despite the challenges, the potential of this partnership is undeniable. Integrating stablecoins into the Visa network could drive mass adoption of cryptocurrencies, offering millions of users decentralized financial tools through trusted payment methods.
It is worth remembering that, at the beginning of the year, World announced which has reached 10 million verified users on its digital identity network. This significant milestone reflected the growing adoption of its biometric identification-based technology, while also reigniting debates around privacy and regulation.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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