The move will make World Wallet into a „mini bank account” for anyone who wants it, according to a person familiar with the plans.
World Network, the blockchain-based ecosystem built to extend the functionality of biometric identification system Worldcoin, is in talks with card giant Visa to link on-chain card features to a self-custody crypto wallet, according to a person familiar with the plans – coindesk reports.
The aim is to bring Visa card functionality to World Network wallets, delivering a range of fintech and FX applications, fiat on and off-ramps, as well as allowing stablecoin-based payments to thousands of merchants around the world that are part of the Visa network.
“The plan is to build up a whole connected wallet strategy so that you can trade in all kinds of things, from FX to crypto, load to wallet, send to wallet, spend from card,” according to a source familiar with the plans. “Basically to turn World Wallet into a mini bank account for anyone who wants it.”
Given Altman’s resources and general clout, „other wallet providers should be worried,” the source added.
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