"World, Negotiations with Visa on Stablecoin Payment Wallet"...Worldcoin Also Surges Over 12%

Reports have emerged that Worldcoin (WLD) and Visa are in negotiations regarding a stablecoin payment wallet.

On the 24th (local time), CoinDesk reported, "According to informed sources, the World Network is in discussions with Visa regarding stablecoin payments," and "It has been confirmed that Tools for Humanity, the developer of the World Network, has sent a product request form to Visa."

Furthermore, "These companies aim to connect on-chain card functions with virtual asset (cryptocurrency) self-custody wallets," and if this negotiation is successful, it is expected that Visa card functions will be introduced to the World Network wallet, enabling stablecoin-based payments for users worldwide. It is also speculated that features such as fintech, foreign exchange applications, and fiat on-off ramps will be introduced.

A source stated, "This negotiation aims to build a connected wallet ecosystem capable of all types of transactions, including virtual assets," and "The World Wallet aims to become a mini bank account for everyone." They further predicted, "Given Sam Altman's resources and global influence, other virtual asset wallet providers may become increasingly concerned."

However, Tools for Humanity and Visa have reportedly refused to comment.

Following the news, Worldcoin surged over 12%, reflecting investor expectations for global stablecoin payments.

As of 11:20 PM, Worldcoin is trading at $0.911 on the Binance USDT market, down 10.69% from 24 hours ago.