Have you ever wished you could use your cryptocurrency to buy a pizza or a new video game? Well, that might soon be possible thanks to a potential partnership between World Network and Visa. Imagine being able to use your digital money, like cryptocurrency, to buy things at any store that takes Visa cards. That’s what World Network is trying to do by talking to Visa about a new partnership.

Key Takeaways

• World Network wants to add Visa card features to its crypto wallet.
• This means you could use stablecoins to pay at any store that accepts Visa.

What is World Network?

World Network is a company that works with cryptocurrency and digital identities. It’s connected to Sam Altman, the boss of OpenAI, a company known for creating smart technology like ChatGPT. World Network has a crypto wallet where people can store their digital money. A crypto wallet is like a digital bank account for your cryptocurrency, which is a type of money that only exists online.

What makes World Network special is its use of eye-scanning technology. They scan people’s eyes to create a unique ID for each user. Think of it like a fingerprint, but for your eyes—it’s a super secure way to prove who you are!

The Possible Partnership with Visa

Recently, World Network started talking to Visa, the big credit card company, about making their crypto wallet work with Visa cards. If this happens, you could use your cryptocurrency—especially stablecoins—to buy things wherever Visa is accepted. Stablecoins are a type of cryptocurrency that keeps its value steady, often by being linked to real money like the US dollar.

This could be huge because right now, not many stores accept crypto directly, but almost everywhere takes Visa. For example, if you have some digital money in your World Wallet, you could use it to grab a snack or shop online, just like with a regular credit card.

World Network is also teaming up with other companies to make this work. They’re working with Rain, a company that creates special Visa cards for cryptocurrency projects. Rain recently got $24.5 million from big investors, which shows they’re doing well and could help World Network succeed.

Other Developments

World Network isn’t just focusing on this Visa idea. On March 7, they launched an app called World Chat. This app lets users who have verified their identity with the eye-scanning tech talk to each other securely. It’s still being tested, but it’s a sign that World Network wants to do more than just wallets.

Plus, their wallet already lets you send cryptocurrency directly to other people, kind of like sending cash to a friend through an app.

What’s Next for World Network

Looking ahead, World Network has big plans. They want to add features like trading different currencies and making payments with stablecoins even easier. Their goal is to become a one-stop shop where you can manage your money, chat with friends, and handle your digital identity—all in one place.

Someone from the project said they want to turn World Wallet into a mini bank account that anyone can use. So, in the future, you might not need a traditional bank—you could do everything with World Network!

Why This Matters

This partnership and these new features could make cryptocurrency way more useful for everyday people like you. Instead of just holding digital money, you could actually spend it on things you want. World Network is working on some exciting stuff that might change how we use money in the future.

So, keep an eye on World Network—they’re trying to make crypto wallets cooler and more practical for everyone!

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