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Worldcoin eyes Visa to turn your iris into money

A source familiar with the plans described the strategy: "Basically to turn World Wallet into a mini bank account for anyone who wants it.”

byKerem Gülen
March 25, 2025
in DeFi & Blockchain, News
Home News DeFi & Blockchain

World Network, the blockchain system extending biometric ID platform Worldcoin, is discussing with Visa to connect on-chain card features to a self-custody crypto wallet, according to CoinDesk. This collaboration, reported by Ian Allison and edited by Nikhilesh De and Sheldon Reback on March 24, 2025, aims to integrate Visa’s network with World Network wallets.

The goal is to equip World Network wallets with Visa card functions, offering fintech and FX applications, fiat on/off-ramps, and stablecoin-based payments to numerous merchants in Visa’s global network. Tools for Humanity, co-founded by OpenAI CEO Sam Altman, issued a request for product form to card issuers.

World Network has also engaged with crypto card providers like Rain, backed by Coinbase and Circle, which supplies on-chain Visa cards for projects including Optimism and Avalanche.

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A source familiar with the plans described the strategy: “Basically to turn World Wallet into a mini bank account for anyone who wants it.” The source also stated that given Sam Altman´s resources and influence “other wallet providers should be worried”.


Worldcoin (now World) bets big on Orbs to fight deepfakes


World Network recently launched a World Chat application, enabling users to send crypto-based transactions within the network. Since 2021, Worldcoin’s iris-scanning orb, which gathers biometric data, has faced considerable controversy. Major card networks like Visa and Mastercard have partnered with crypto projects and wallet firms to explore synergies between their networks and digital assets.

Tools for Humanity and Rain declined to comment, and Visa did not provide a comment by the time of publication.


Featured image credit

Tags: visaworldcoin

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