OpenAI CEO Sam Altman’s cryptocurrency project, World Network, is in advanced discussions with Visa to develop an innovative payment wallet that could bridge traditional finance and digital currencies.
The proposed collaboration aims to integrate Visa card functionality into World Network’s self-custody crypto wallet, potentially allowing users to make stablecoin-based payments across Visa’s global merchant network. This move represents a significant step towards mainstream cryptocurrency adoption.
World Network, formerly known as Worldcoin, has already launched several features, including World Chat, a secure messaging application, and the ability to transfer cryptocurrencies between users. The project’s core offering is World ID, a digital passport designed to verify human identity and distinguish users from AI chatbots.
The wallet will leverage the project’s unique biometric identification technology, which uses iris scanning to create a secure, unique digital identity. To date, World Network has verified 10 million human users and has ambitious goals of reaching 2 billion sign-ups.
The company has been actively exploring partnerships, with previous negotiations involving PayPal and now Visa. By working with crypto card facilitators like Rain, World Network is positioning itself as a comprehensive financial platform that combines digital identity, communication, and financial services.
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Industry experts see this as a potential game-changer, offering users a “mini bank account” that seamlessly integrates cryptocurrency and traditional payment systems. The self-custody wallet would provide users with greater control over their financial assets while maintaining security and convenience.
As big payment networks increasingly explore crypto integrations, World Network’s collaboration with Visa could signal a new era of financial technology and digital identity management.
