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World (Formerly Worldcoin) Expands in US with Digital Identity and Payment Solutions
U.S. Market Debut Boosts World (WLD) Token Prices by 12%
Here's a quick rundown of the latest developments with World, the human-verified digital identity platform:
Arrival in Six US Cities
World, co-founded by OpenAI CEO Sam Altman, is now operational in six major US cities - Atlanta, Austin, Los Angeles, Miami, Nashville, and San Francisco. With a focus on tech and cultural hubs, the platform aims to leverage its human-verified identity solution and introduce new payment features.
Introducing the World Card
Later this year, World plans to launch a Visa card, known as the World Card. This card will be directly linked to users' World App wallets, enabling seamless spending of WLD tokens and other digital currencies at over 150 million merchants globally accepting Visa payments. The card will provide rewards optimized for the AI economy, potentially offering increased rewards on AI-related subscriptions and services.
Partnership with Match Group
World has partnered with Match Group, the parent company of popular dating platforms like Tinder, Hinge, and Match.com. The partnership will pilot a program to verify user identities on dating platforms, starting with Tinder in Japan. This move marks a significant step for World as it enters the online dating sector, aiming to boost trust and security in digital interactions.
Circle's USDC Integration
World App has integrated Circle's USDC stablecoin and Cross Chain Transfer Protocol (CCTP) V2 on the World Chain network. This move aims to streamline global transfers across the platform, with plans to issue native USDC directly on the network in the near future. Following this implementation, all existing bridged USDC on World Chain will convert to native USDC.
Other Integrations and Expansion
World has also expanded its functionality to include support for Stripe and Kalshi, broadening the utility of its digital identity holders. These integrations facilitate easier on-ramps and off-ramps for digital assets and improve payment and settlement options. Additionally, World plans to quadruple its global hardware footprint by the end of 2025, with a manufacturing line in Texas supporting this development.
In the broader context, World's US expansion, new payment features, and strategic partnerships are fueling optimism among investors. As the AI-driven digital economy continues to grow, World position itself as a crucial player in the verified digital identity and crypto payments space.
[1] World Set for US Expansion and Visa Card Launch (Source)[2] World Innovates with Visa Card for Crypto Spending (Source)[3] World Partners with Match Group and Announces World Card (Source)[4] World Card Offers Rewards Optimized for AI Economy (Source)[5] World and Match Group Partner to Boost Online Dating Safety (Source)
- World, co-founded by OpenAI CEO Sam Altman, is partnering with Match Group, the parent company of popular dating platforms like Tinder, Hinge, and Match.com, to pilot a program that verifies user identities on dating platforms, starting with Tinder in Japan.
- Later this year, World plans to launch a Visa card, known as the World Card, that will be directly linked to users' World App wallets, enabling seamless spending of WLD tokens and other digital currencies at over 150 million merchants globally accepting Visa payments.
- World App has integrated Circle's USDC stablecoin and Cross Chain Transfer Protocol (CCTP) V2 on the World Chain network, a move aimed at streamlining global transfers across the platform.
- World has expanded its hardware footprint, planning to quadruple it by the end of 2025, with a manufacturing line in Texas supporting this development, as it continues to grow and innovate in the field of biometric, digital identity, and finance technology.