Share
Share this article
Copy linkX (Twitter)LinkedInFacebookEmail
Tech
Share
Share this article
Copy linkX (Twitter)LinkedInFacebookEmail
World App Starts Virtual Bank Account
Tech
Share
Share this article
Copy linkX (Twitter)LinkedInFacebookEmail
World App Starts Virtual Bank Account
World App Starts Virtual Bank Accounts Pilot for USDC Payroll Deposits
World App Starts Virtual Bank Accounts Pilot for USDC Payroll Deposits
The feature issues unique virtual account numbers, allowing users to receive direct deposits, like payroll payments, straight into the World App.
By Margaux Nijkerk, AI Boost|Edited by Jamie Crawley
Nov 20, 2025, 2:00 p.m.
What to know:
- World App has begun piloting virtual bank accounts, 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, without employers interacting with blockchain rails or worrying about gas fees.
- The pilot is commencing in the U.S. for the first phase, with expansion to additional countries coming in future phases.
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.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the The Protocol Newsletter today. See all newsletters
Sign me up
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
World appWorld TokenUSDCSam Altman
AI Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy.
More For You
Protocol Research: GoPlus Security
Commissioned byGoPlus
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
View Full Report
More For You
The Protocol: Hyperliquid Introduces Proposal to Cut Fees
Also: Aerodrome Overhaul, Cloudflare Outage and dYdX Buyback Increase Approved.
What to know:
This article is featured in the latest issue of The Protocol, our weekly newsletter exploring the tech behind crypto, one block at a time. Sign up here to get it in your inbox every Wednesday.
Read full story
Latest Crypto News
Ether Treasury Firm FG Nexus Unloads Nearly 11K ETH to Fund Share Buyback
Cipher Mining Inks New 10-Year HPC Deal With Fluidstack; Shares Rise 13%
CoinDesk 20 Performance Update: Aptos (APT) Gains 10% as All Index Constituents Rise
U.S. Added Stronger Than Forecast 119K Jobs in September, but Unemployment Rate Rose to 4.4%
B. Riley Cuts Digital Asset Treasury Company Price Targets as Crypto Slump Deepens
Metaplanet Unveils New Bitcoin Backed Capital Structure with $150M Perpetual Preferred Offering
Top Stories
Cipher Mining Inks New 10-Year HPC Deal With Fluidstack; Shares Rise 13%
Ether Treasury Firm FG Nexus Unloads Nearly 11K ETH to Fund Share Buyback
U.S. Added Stronger Than Forecast 119K Jobs in September, but Unemployment Rate Rose to 4.4%
Crypto Markets Today: Bitcoin Holds Steady Amid Wave of Sell Pressure as Altcoins Slide
India's Debt-Backed ARC Token Eyes Tentative Q1 2026 Debut, Sources Say
BlackRock Takes First Step Toward a Staked Ether ETF
Market Opportunity
RWAX Price(APP)
$0.0002194
$0.0002194$0.0002194
USD
RWAX (APP) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
Zero Knowledge Proof (ZKP) vs DOGE, SHIB, and PEPE: Good Crypto to Buy Now for Structure-Driven Gains
In crypto, most gains don’t come when a chart is trending; they come before it. Real returns are usually locked in through smart entry, not loud exit points. That
Share
LiveBitcoinNews2026/01/16 08:00
Lyft Stock Hits Three-Year High After Waymo Partnership
The post Lyft Stock Hits Three-Year High After Waymo Partnership appeared on BitcoinEthereumNews.com. Topline Lyft shares rose over 14% Wednesday to a three-year high after the rideshare company announced a partnership with autonomous ride-hailing service Waymo. General view of Lyft signage during the Sundance Film Festival on January 23, 2023 in Park City, Utah. (Photo by Mat Hayward/Getty Images) Getty Images Key Facts Lyft shares traded up 11.9% to $22.60 about thirty minutes before market close Wednesday. The surge in share price brings Lyft’s stock to its highest point since May 2022, when it dramatically fell from a post-COVID lockdown boom the year prior. The Lyft and Waymo partnership brings Waymo’s robotaxi service to Nashville, adding on to the company’s service in the cities of Los Angeles, Phoenix, San Francisco, Atlanta and Austin. Lyft will provide vehicle maintenance, infrastructure and depot operations under the agreement. Riders will be able to use Waymo’s robotaxi service first through the company’s app and later through Lyft’s app as the Nashville service grows. Get Forbes Breaking News Text Alerts: We’re launching text message alerts so you’ll always know the biggest stories shaping the day’s headlines. Text “Alerts” to (201) 335-0739 or sign up here. Tangent Shares of Uber, Lyft’s ridesharing competitor, fell 4.2% at 2:30 p.m. EDT, erasing gains made in the last week of trading. Uber’s stock is up more than 53% this year. Key Background Lyft’s stock has been on a tear since the company announced its second quarter earnings in August, when it missed analyst expectations on revenue ($1.6 billion) and earnings per share ($0.10), but posted $4.5 billion in gross bookings—an all-time high that represented a 12% increase year-over-year. Waymo is looking to expand the market for its autonomous rides next year, with plans to bring its service to Washington, D.C., Miami and New York City. It has also been testing in cities…
Share
BitcoinEthereumNews2025/09/18 07:11
XRP Could Explode as XRPL Targets Weak Links and Long-Trapped Liquidity
The post XRP Could Explode as XRPL Targets Weak Links and Long-Trapped Liquidity appeared on BitcoinEthereumNews.com. XRP optimism is rebounding as long-term builders
Share
BitcoinEthereumNews2026/01/16 08:37