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World Launches ‘World Money’ Financial Super App in More Than 150 Countries, Integrating Stablecoins and Stripe

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YM Lee

Summary

  • World said it launched World Money, a self-custodial financial application available in more than 150 countries, as a financial super app integrating stablecoin payments, global remittances and yield features.
  • World Money integrates with payments infrastructure company Stripe, prediction-market platform Kalshi and decentralized lending protocol Morpho, and users in the US can convert Apple Pay funds into stablecoins through Stripe.
  • World said it offers additional rewards through a points program for users who complete World ID verification, and that it began its shift toward a financial super app last year by expanding its payments and remittance base with the addition of USDC.

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Photo: Shutterstock
Photo: Shutterstock

World, the digital identity verification project, has launched a financial super app that combines stablecoin payments, global remittances and yield features.

The Block reported on September 17 that World launched its self-custodial financial application, World Money, in more than 150 countries. The app is designed to let users manage their own assets while accessing stablecoin payments and trading, deposit rewards and virtual account services in a single platform.

World Money integrates with payments infrastructure company Stripe, prediction-market platform Kalshi and decentralized lending protocol Morpho. It supports balances in eight currencies, and users in the US can convert Apple Pay funds into stablecoins through Stripe. World said the conversion process typically takes a matter of minutes.

Users who complete World ID verification will receive additional rewards through a points program. In announcing the feature, World said that when an account belongs to a real person, the way money moves changes as well. It added that, as artificial intelligence produces increasingly sophisticated fake accounts, a network of real humans can serve as a hard-to-forge foundation of trust in financial infrastructure.

World was developed by Tools for Humanity, the company co-founded by OpenAI Chief Executive Officer Sam Altman and Alex Blania. The project previously operated under the name Worldcoin before rebranding as World.

World began its shift toward becoming a financial super app in March last year, when it added crypto payments and chat functions to its app. Later that summer, stablecoin issuer Circle introduced native USDC to the World App wallet, expanding the foundation for payments and remittance services.

#Identity Verification
YM Lee

YM Lee

20min@bloomingbit.ioCrypto Chatterbox_ tlg@Bloomingbit_YMLEE

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