Openai Chief Sam Altman’s World Network on Visa Communities for Stablecoin Payment Wallet: Source
The World Network, the Blockchain-based ecosystem developed to expand the function of the Biometric Identification System WorldCoin, is talking to card giant visas to link on-chain card features to a self-custody wallet, according to someone familiar with the plans.
The goal is to bring visa card function to the world’s dominant networks, which delivers a set of FinTech and FX applications, Fiat on and Off-Ramp, as well as allowing stablecoin-based payments to thousands of merchants around the world part of the visa network.
The tools for humanity, the company -cofounded by Open AI CEO Sam Altman who oversees the WorldCoin and World Network, has sent a request for product form to card providers, CoinDesk saw.
World Network is talking to crypto card facilitators such as Rain, A company supported by Coinbase and Circle that provides on-chain visa cards for projects such as optimism and avalanche.
“The plan is to build a full connected purse approach so you can trade with all kinds of things, from FX to crypto, loading up the purse, sending to the purse, spending from the card,” according to a resource familiar with the plans. “It is usually to make the world a mini bank account for anyone who wants it.”
Due to Altman’s resources and general clouts, “other purse providers should be concerned,” the resource added.
Earlier this month, World Network announced A Application of World Chat and the ability to send money In the form of crypto -based transactions between network users.
WorldcoinIris that scanned orb collecting biometric data for the network, attracts more than fair part of the controversy Since appearing in 2021.
Large card networks such as Visa and Mastercard have been Working with crypto projects and purse companies to explore the ways of their large networks can be used in the world of digital ownership.
Tools for humanity refuse to comment. Rain also refused to comment. The visa did not comment by the time of publication.
