π World Network and Visa in Talks to Launch a Game-Changing Stablecoin Wallet
Could your next Visa card be powered by stablecoins? Thatβs the big question buzzing in the crypto world right now.
World Network, the company formerly known as Worldcoin, is reportedly in early talks with Visa to create something that could shake up how we use digital money β a stablecoin wallet designed to bring crypto payments to millions of Visa users around the world.
π‘ Whatβs Happening?
According to sources familiar with the matter, these talks are being led by Tools for Humanity, the team behind World Network. And theyβre not thinking small. Their idea is to build a digital wallet that works almost like a mini bank account β allowing people to easily swap between regular money (fiat) and stablecoins, use on-chain payment cards, and even make foreign currency exchanges. Imagine paying for your coffee, groceries, or online shopping using stablecoins, backed by Visa’s massive payment network.
If successful, this partnership could blend the best of both worlds β the speed and security of stablecoins with the trusted global reach of Visaβs infrastructure.
π§© Whoβs Involved?
The discussions are reportedly being spearheaded by none other than OpenAI CEO Sam Altman (yes, the same guy behind ChatGPT), who is one of the founders of World Network. Popular crypto influencer Mario Nawfal brought this to light, stating that Altman himself is leading the talks to bring Visa onboard.
The vision is clear: simplify how people use stablecoins by making them feel as easy and accessible as regular banking tools.
π Market Reaction β Worldcoin Price Jumps
As soon as the news started circulating, the crypto community lit up. The price of Worldcoinβs native token saw a noticeable boost, reflecting fresh optimism around the project. Investors and traders jumped in, hoping that a partnership with a payments giant like Visa could breathe new life into the World Network ecosystem, which has faced its fair share of challenges over the past year.
But letβs be clear β while the talks are real, no official deal has been confirmed yet. Both Visa and World Network have remained silent on any formal agreement. So, for now, this is still in the early negotiation phase.
π A Look Back β Visaβs Previous Crypto Moves
This wouldnβt be Visaβs first dance with crypto. In 2024, Visa began exploring blockchain-based financial services and partnered with companies like Coinbase to issue crypto debit cards and speed up cross-border fund transfers. The company even dipped its toes into the Real-World Asset (RWA) market.
However, Visaβs relationship with stablecoins hasnβt always been smooth sailing. Internal reports from the past hinted that stablecoins could pose a threat to Visaβs traditional revenue model. After all, if people start transacting directly with stablecoins, who needs the middleman?
But it seems that Visa has changed its tune. The rising global adoption of stablecoins β digital currencies backed by real-world money like the U.S. dollar β is something even Visa canβt ignore.
π Why This Matters
Stablecoins are quickly becoming a serious force in the financial world. Big voices, including former U.S. President Donald Trump, have recently spoken about the importance of stablecoins in keeping the U.S. dollar relevant in global finance. On top of that, U.S. regulators are actively working on rules for stablecoins, signaling that traditional finance is finally ready to embrace them.
For World Network, this is an opportunity to rebuild its image and take center stage again. After facing backlash from regulators and watching its token price tumble in 2024, the chance to partner with a payment powerhouse like Visa could be a game-changer.
If these talks lead to an actual partnership, it could open the doors for everyday consumers to use stablecoins effortlessly β without worrying about complicated crypto wallets, gas fees, or blockchain jargon. Imagine paying for your Netflix subscription or your morning latte using a Visa-backed stablecoin wallet. Thatβs the vision World Network and Visa are reportedly exploring.
β³ Whatβs Next?
For now, thereβs no official confirmation, no timelines, and no product announcement. But the fact that talks are underway is enough to get both crypto enthusiasts and average users excited about whatβs coming.
One thingβs for sure β the world of money is changing fast. And if this partnership becomes a reality, you could soon be paying for your next online order not with dollars, but with digital dollars stored safely in a stablecoin wallet powered by Visa.
Stay tuned to FortacoFinoy News for more updates on this developing story and other major moves in the crypto and digital finance space.