World Network, in collaboration with Visa, is set to launch a project that links card capabilities with self-custody crypto wallets.
World Network Collaboration with Visa
World Network and Visa are merging forces in a project to bring crypto wallets with card features. This will facilitate stablecoin payments to thousands of Visa network merchants worldwide. Tools for Humanity, associated with World Network and Worldcoin, has already sent requests to card issuers to support the initiative.
Potential of the World Crypto Wallet
World Network aims to create a strategy allowing users to leverage wallets for forex and crypto exchanges, managing finances like a mini bank account. A self-custody wallet allows users to store and control their funds without third-party services.
What to Know About Worldcoin
Launched in 2023, Worldcoin offers a digital passport with biometric identification, ensuring identity proof via iris scanning. In 2023, Worldcoin amassed a significant number of users and continues to expand, backed by substantial funding.
The collaboration between World Network and Visa could significantly push crypto into mainstream use, enhancing traditional payment methods.
