World to launch 'World Money' app with stablecoin and global payment features

WLD issuer World, formerly Worldcoin, announced on Sept. 17 via its official blog that it plans to launch World Money, a financial app integrating features including stablecoins, investing, deposits, virtual accounts and global payments. The service is set to roll out gradually across about 150 countries. World said the app was designed to let users handle everyday financial activities in a single app, including receiving salaries, holding assets, earning rewards, investing, making payments and sending digital assets globally. Users will be able to fund, hold and use digital assets through World Money, keep balances in U.S. dollar- and supported local currency-based stablecoins, and send or receive funds across borders for free using digital assets. Mini apps including Kalshi, Credit and MORPHO will also be available, World said. According to CoinMarketCap, WLD was trading at $0.3817, up 4.94%.