World App Starts Virtual Bank Accounts Pilot for USDC Payroll Deposits
World App, the gateway to the Sam Altman-founded blockchain network World, has begun piloting virtual bank accounts in the U.S., giving its users a new way to plug their everyday finances directly into the crypto economy.
The feature issues unique virtual account numbers, allowing users to receive direct deposits, like payroll payments, straight into the World App without employers interacting with blockchain rails or worrying about gas fees.
Once funds hit their virtual account, they’re automatically converted into USDC.
The pilot is commencing in the U.S. for the first phase, with expansion to additional countries coming in future phases.
In addition, users can add money from a bank, send USDC internationally, or spend it instantly, all without fees. The company pitches this as a key step toward simplifying on-ramps into crypto-native money.
"Virtual bank accounts embody World's vision of universally inclusive finance," the team wrote in a press release exclusively shared with CoinDesk. "While traditional banking infrastructure struggles with cross-border complexity, time zones, and fees, World App offers something revolutionary: fast, global, 24/7 finance that just works."
The World blockchain project can boast significant interest in the crypto industry through the association with its founder Sam Altman, also the CEO of OpenAI. As a response to the growing difficulty of distinguishing humans from highly advanced AI and bots online, World's central aim is to create a universally verifiable, privacy-preserving digital identity network known as World ID.
Read more: Sam Altman’s World Crypto Project Launches in US With Eye-Scanning Orbs in 6 Cities
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Ethereum Updates Today: NFT Conundrum: Rising Number of Buyers Contrasts With Sharp Drop in Sales During Crypto Turmoil
- NFT buyer participation surged 77% to 293,459 in Nov 2025, but sales volumes fell 4.97% to $72.53M, reflecting crypto market turbulence. - Bitcoin dropped below $84,000 and Ethereum fell to $2,785, dragging total crypto market cap down $390B amid macroeconomic pressures. - Analysts attribute the buyer-seller imbalance to investors shifting to safer assets, with NFTs bearing the brunt of leverage unwinds. - Projects like RaveGods and The Lost Tesla Art Car Project aim to redefine NFT utility through real-
Bitcoin News Update: Bitcoin ETFs See $3 Billion Outflow Amid Market Uncertainty and Death Cross Triggered Sell-Off
- Bitcoin ETFs lost $3B in November, with BlackRock's IBIT recording a record $523M single-day outflow amid macroeconomic uncertainty and bearish technical signals. - Bitcoin's price fell below $90K for first time since April, pushing ETF investors underwater as Fed's December rate cut odds dropped below 50% and a "death cross" deepened caution. - Options markets show $2.05B in $80K strike put open interest, while crypto miners face losses as outflows shift capital to altcoins like Solana and XRP . - Analy
Bitcoin News Update: Japan’s Calculated Crypto Initiatives Propel the Country Toward Global Leadership in Digital Assets
- Japan's strategic crypto moves, including SoftBank-PayPay-Binance Japan partnership, aim to boost retail access and institutional confidence. - FSA's reclassification of 105 cryptocurrencies as financial products signals tighter oversight, potentially attracting global capital. - Diplomatic tensions with China, fueled by PM Takaichi's Taiwan remarks, risk indirect impacts on investor sentiment and economic stability. - Bitcoin's recent dip below $90,000 spurs altcoin presales (Bitcoin Munari, XRP Tundra)
Solana Updates Today: The Crypto Dilemma—Solana ETFs Compared to Apeing's Presale Momentum
- Solana (SOL) faces mixed signals: ETF inflows ($476M since Oct 28) contrast with declining futures open interest ($7.2B vs $17B peak), raising breakdown risks below $130. - Avalanche (AVAX) shows muted 5.47% growth projections, diverting capital to high-risk presales like Apeing, which targets $0.001 listing price from $0.0001 with audit-first structure. - Apeing's presale attracts speculative traders seeking explosive returns, leveraging low entry barriers and social media hype amid bearish pressures on
Trending news
MoreCrypto prices
More
