PANews reported on March 24 that according to CoinDesk, the digital identity project World Network, backed by Sam Altman, is negotiating with Visa on a stablecoin payment wallet. The goal is to introduce Visa card functions into the World Network wallet, provide a range of fintech and foreign exchange applications, legal currency in and out channels, and allow stablecoin-based payments to thousands of merchants around the world in the Visa network. Tools for Humanity, a company co-founded by Open AI CEO Sam Altman that manages Worldcoin and World Network, has made a request to credit card issuers in the form of a product.
Earlier this month, World Network announced the launch of a World Chat application that supports transferring money between users on the network in the form of encrypted transactions.
