OpenAI CEO Sam Altman is in discussions with Visa about creating a stablecoin-enabled crypto wallet that would function as a 'mini bank account'.
Talks with Visa
The initiative aims to integrate Visa card features into the World Network's crypto wallet, allowing users to conduct stablecoin transactions with merchants worldwide that are part of Visa's network.
Wallet Features
The wallet could provide a range of financial services, such as foreign exchange apps and seamless conversion between fiat and cryptocurrencies. Tools for Humanity, responsible for World Network and Worldcoin, is seeking product collaborations with Visa and other card issuers.
Future of Integration
The collaboration aims to combine cryptocurrencies with traditional banking, making it easier for users to use digital money in daily situations. So far, neither Visa nor Tools for Humanity have made any official statements regarding the talks.
If successful, the integration would be a major step towards merging digital currencies with traditional payment systems.
