Sam Altman’s World Network is in discussions with Visa to integrate stablecoin payments into its World Wallet, a self-custody crypto wallet designed to offer financial services beyond traditional banking. The partnership aims to create a “mini bank account” for users, enabling fiat on-and-off ramps, foreign exchange (FX) transactions, and crypto payments.
The collaboration would leverage Visa’s global merchant network, allowing users to make stablecoin-based purchases at thousands of retail locations worldwide. This initiative aligns with Visa’s broader efforts to integrate digital assets into its payment infrastructure, following its previous stablecoin settlement pilots with Crypto.com and merchant acquirers like Worldpay and Nuvei.
World Network, which evolved from Worldcoin, has been expanding its ecosystem beyond biometric identity verification. The company recently launched World Chat, an encrypted messaging application that enables crypto transactions between users.
The stablecoin integration with Visa would further enhance its financial services offerings, positioning World Wallet as a multi-functional fintech platform.
Visa has been actively exploring blockchain-based payment solutions, including USDC settlements on the Ethereum and Solana networks. The company’s treasury infrastructure already supports stablecoin reconciliation and currency conversion, making integration with blockchain wallets like World Network’s a natural progression.
World Network is also in discussions with Rain, a crypto card provider backed by Coinbase and Circle, to embed Visa card functionality directly into its wallet. This would allow users to trade FX, load funds, send payments, and spend from their Visa-linked wallet, creating a seamless financial experience