According to Coindesk, the blockchain-based ecosystem World Network, which was established to expand the functionality of Worldcoin, is in talks with Visa, according to a source close to the matter.
World Network is in talks with Visa to link on-chain card features to a self-custodial crypto wallet.
The aim here is to bring Visa card functionality to World Network wallets, bringing stablecoin-based payments to thousands of merchants around the world who are part of the Visa network through various fintech and FX applications.
“The plan is to create a fully connected wallet strategy so you can trade anything from forex to crypto, load into wallet, send to wallet, spend from card. Basically, it’s to turn World Wallet into a mini bank account for anyone who wants it,” a source told Coindesk.
Earlier this month, World Network announced its World Chat application and its new feature that allows users on the network to send money via crypto-based transactions.
It will also be recalled that last October, Worldcoin announced that it was rebranding itself as World (and World Network).
Related News
BREAKING: One of the World’s Largest Altcoins Announces a Name Change
Following the news, the price of Worldcoin (WLD) started to rise.
This is not investment advice.