On March 25, 2025, World Network (formerly Worldcoin) is negotiating with Visa to integrate stablecoin payments into World Wallet, according to CoinDesk. The goal? To turn this self-custody wallet into a "mini bank account," allowing users to deposit, send, receive, and spend stablecoins via Visa cards. With Sam Altman – CEO of OpenAI – behind it, is this a turning point for crypto in daily life, or just a gimmick to attract attention in an intensely competitive market?
World Wallet Meets Visa: Stablecoins on the Rise
World Network, backed by Tools for Humanity (co-founded by Sam Altman), wants World Wallet to go beyond the role of a typical crypto wallet. Negotiations with #Visa aim at integration:
Stablecoin Payments: Use Visa cards to spend $USDC , USDT directly.
Fintech/FX Application: Currency conversion, decentralized financial services.
Daily Utility: Shop at any Visa acceptance point.
The company has contacted card issuers, including Rain – a startup partnering with Coinbase, Circle, and Visa to provide crypto cards on Optimism, Avalanche. Altman's involvement – a powerful figure from OpenAI – could pressure competitors like MetaMask or Trust Wallet.
Rain: Potential Partner and Capital Call of 24.5 Million USD
#Rain , an official partner of Visa, recently raised 24.5 million USD from Norwest Venture Partners, Galaxy Ventures, and other funds. The company issues crypto debit and credit cards, supporting payments with AVAX, USDC, USDT at all Visa points. CEO Farooq Malik emphasized: "The demand for cross-border payments using stablecoins is rising, especially among international businesses."
Rain partners with Avalanche Foundation to launch crypto Visa cards, earning fees from Visa and providing business card services. The new investment will expand the team, technology, and seek licenses in over 100 countries – a sign that they are strong candidates in the deal with World Network.
Market Impact: WLD Rises 11%
News triggered the WLD token of World Network to rise over 11%, from 0.816 USD to 0.928 USD, currently trading around 0.916 USD (March 26). Although it has decreased from its peak of 11.82 USD (2024), WLD reflects investor confidence in the payment potential of World Wallet. Previously, World Network launched World Chat and crypto transfers between users, demonstrating ambitions to build a multi-purpose ecosystem.
Crypto Payment Trends: Visa Leads
Crypto cards are not new – Coinbase has Visa cards for direct spending, Gemini rewards crypto through credit cards. But the participation of Visa, Mastercard along with major fintechs (Rain, World Network) shows that traditional finance and blockchain are converging. Stablecoins – with the advantage of stable prices – have become the ideal bridge, especially for international payments where banking costs are high.
Why Did World Network Choose Visa?
Liquidity: Stablecoins (TVL ~150 billion USD) need a practical spending channel; Visa with 4.3 billion cards is the perfect choice.
Altman: Credibility from OpenAI adds weight to negotiations, attracting major partners.
Competition: World Wallet aims to surpass other wallets with the "mini bank" feature, leveraging the DeFi trend.
Impact on the Crypto Industry
WLD: Price ~0.916 USD could rise further if the partnership succeeds, despite competition with SOL (~147 USD) on layer-1.
Stablecoin: USDC, USDT strengthen payment positions, competing with traditional banks.
Market: $BTC (~88,000 USD) stable, but altcoins like WLD benefit from positive news.
Risks to Consider
Negotiation: The agreement with Visa is not guaranteed, depending on Rain and legal conditions.
Volatility: WLD has dropped 92% from its peak, indicating risks, especially if the market adjusts (BTC dropped from 100,000 USD, 12/2024).
Regulation: The SEC under $TRUMP is friendly, but international laws may hinder Rain and World Network.
Conclusion: World Wallet – The Bank of the Future or a Distant Dream?
World Network is negotiating with Visa to bring stablecoins into World Wallet, aiming to turn it into a "mini bank" – a bold move by Sam Altman and Tools for Humanity. With Rain raising 24.5 million USD and WLD up 11%, this is a strong signal. But amid ongoing negotiations and an uncertain market, the big question is: Will stablecoins truly make World Wallet a new financial bridge, or is it just a beautiful dream amid the crypto craze? With Visa stepping in, the answer is getting closer – but no one can be sure!
Risk Warning: Investing in crypto carries high risks due to price volatility. Please consider carefully before participating.