Going Global: World (Formerly Worldcoin) Expands in U.S., Adds Payment and Verification Features
U.S. Debut Sparks 12% Surge in World (WLD) Token Price
Let's dive into the latest developments surrounding World, the crypto-linked identity project, as it sets its sights on the U.S. market.
Mark Your Calendars
World, previously known as Worldcoin, is now available in six major U.S. cities: Atlanta, Austin, Los Angeles, Miami, Nashville, and San Francisco. This shift represents a strategic move towards solidifying its presence in technology and cultural hubs within the States.
Join the Club, Get Rewarded
With World, users can verify their identity using the World ID and receive WLD tokens as a sign of belonging. The project is the baby of Tools for Humanity, co-founded by OpenAI CEO Sam Altman and CEO Alex Blania.
Leap into the Future of Payments
The U.S. launch comes amidst a climate more favorable to crypto-related businesses under the Trump administration. World is set to take the leap further with the launch of a Visa card later this year. This nifty piece of plastic allows users to spend WLD tokens and other cryptocurrencies at any merchant accepting Visa payments.
The card connects directly to your World App wallet, creating a smooth experience for crypto enthusiasts who want to use their digital assets for everyday purchases. Transactions will automatically convert to fiat currency at the point of sale, making things easier for traditional retailers.
Partnerships and More
World's partnership with Match Group, the firm behind popular dating platforms such as Tinder, Hinge, and Match.com, is slated to begin with a pilot program on Tinder in Japan. The aim is to ensure that users on dating platforms are authentic individuals, addressing the common issue of fake profiles.world also integrated with the Kalshi prediction marketplace through a new Mini App within the World App.
Unlocking Potential with USDC
In a move to streamline global transfers, World plans to integrate Circle's USDC stablecoin and the Cross Chain Transfer Protocol (CCTP) V2 on the World Chain network. This integration will enable native USDC within the World ecosystem, offering coins backed by highly liquid cash and cash-equivalent assets. The CCTP V2 upgrade will ensure seamless and cost-effective cross-chain transfers.
Onward and Upward
World boasts a user base of over 26 million World App users, with about 12 million confirmed as unique humans. The project continues to grow its utility in digital identity, payments, and Web3 user verification. The WLD token, powering the World ecosystem, is on the rise, trading at $1.04 with a 12% weekly increase. The token's bullish 3-month bias indicator suggests a continued optimistic outlook among investors regarding WLD's price prospects.
Stay tuned for more updates on this exciting project as it continues to grow and innovate in the realm of digital identity, payments, and Web3!
- World, previously known as Worldcoin, has expanded its services to six major U.S. cities, including San Francisco, following a strategic move to establish its presence in technology and cultural hubs within the States.
- The World ID, a biometric identity verification system, allows users to verify their identity and receive WLD tokens, which function as a symbol of belonging in the World ecosystem.
- In an effort to leverage the more favorable climate towards crypto-related businesses under the Trump administration, World plans to launch a Visa card later this year, enabling users to spend WLD tokens and other cryptocurrencies at any merchant accepting Visa payments.
- World is partnering with Match Group and integrating Circle's USDC stablecoin and the Cross Chain Transfer Protocol (CCTP) V2 on the World Chain network, aiming to streamline global transfers, ensure authenticity on dating platforms, and offer coins backed by highly liquid cash and cash-equivalent assets within its ecosystem.
