According to Coindesk, the blockchain-based ecosystem World Network, which was established to expand the functionality of Worldcoin, is in talks with Visa, according to a source close to the matter.
World Network is in talks with Visa to link on-chain card features to a self-custodial crypto wallet.
The aim here is to bring Visa card functionality to World Network wallets, bringing stablecoin-based payments to thousands of merchants around the world who are part of the Visa network through various fintech and FX applications.
“The plan is to create a fully connected wallet strategy so you can trade anything from forex to crypto, load into wallet, send to wallet, spend from card. Basically, it’s to turn World Wallet into a mini bank account for anyone who wants it,” a source told Coindesk.
Earlier this month, World Network announced its World Chat application and its new feature that allows users on the network to send money via crypto-based transactions.
It will also be recalled that last October, Worldcoin announced that it was rebranding itself as World (and World Network).
Following the news, the price of Worldcoin (WLD) started to rise.
*This is not investment advice.
