In what could be a monumental development for the digital asset industry, OpenAI CEO Sam Altman is in talks with Visa for a crypto stablecoin payment wallet. Indeed, Altman’s Worldcoin’s World Network is reportedly looking to partner with the payments giant to revolutionize self-custody.

The discussion has centered around a crypto wallet that would link to on-chain card features, according to a Coindesk report. Specifically, the plan could make the World Wallet a “mini bank account” for users. The move would be the latest effort from the World Network to continue to become a prominent player within the growing industry

JUST IN: OpenAI CEO Sam Altman in talks with Visa for crypto stablecoin payments wallet.

— Watcher.Guru (@WatcherGuru) March 24, 2025

Also Read: Visa Partners with Fold to Introduce Bitcoin-Backed Credit Card

Sam Altman & Visa Discuss a Potential New Crypto Stablecoin Payment Wallet

With the debut of ChatGPT in 2022, OpenAI was a company at the forefront of generative AI. Indeed, the firm had become the face of the AI revolution, which led to a surge in demand that shifted the way that tech companies operated. Moreover, it brought an ongoing tech arms race between megacap companies that continue to be the focus of Wall Street.

Now, its CEO is looking to bring that same quest for dominance and revolutionary thinking to a new industry. Specifically, OpenAI CEO Sam Altman is in talks with Visa for a crypto stablecoin payment wallet. Indeed, the discussions arise amid an ongoing cryptocurrency shift taking place in the US, with a specific focus on stablecoins.

Also Read: Visa (V) Expands Bitcoin Partnership: What It Means for the Stock

According to a report, Visa and Altman are discussing bringing Visa card functionality to the World Network in a brand new way. Specifically, it would bring forth “a range of fintech and FX applications, fiat on and off-ramps, as well as allowing stablecoin-based payments to thousands of merchants around the world that are part of the Visa network.”

The company behind both Worldcoin and the World Network, Tools for Humanity, has reportedly sent a “request for product form” to card issuers, including Visa. “The plan is to build up a whole connected wallet strategy so that you can trade in all kinds of things,” a source said. “Basically, to turn World Wallet into a mini bank account for anyone who wants it.”

The crypto market witnessed a trend reversal during the past week, especially within the United States spot scene. This reversal extended to spot Bitcoin exchange-traded funds (ETF); however, Ethereum products were unaffected.

According to data from CoinGlass, spot Bitcoin ETFs recorded inflows every trading day for the past week, while Ethereum ETFs continued seeing outflows. In contrast to Ethereum ETF outlaws, ether’s (ETH) value has risen by almost 10% in the last seven days, climbing above $2,000.

Bitcoin (BTC), on the other hand, is also up roughly 5%, trading around $87,330 at press time, per data from CoinMarketCap.

Bitcoin ETFs Record Green Days

From March 17 to 21, spot Bitcoin ETFs collectively saw almost $745 million in positive flows. Nearly all the products witnessed inflows on one day or another; however, BlackRock’s IBIT recorded the highest deposits throughout the week.

The inflows followed weeks and consecutive days of massive outflows. CryptoPotato reported that the products recorded their best day of net inflows since February 4 on Monday, with investors depositing more than $274 million in the funds.

On that day, both IBIT, Fidelity’s FBTC, Ark Invest/21Shares’ ARKB, and Bitwise’s BITB saw inflows of $42.3 million, $127.3 million, $88.5 million, and $2.3 million, respectively. The rest of the funds, including Grayscale’s GBTC, witnessed no outflows.

By the next day, only IBIT saw more than $218 million in positive flows, while investors withdrew about $9 million from only ARKB. This brought the funds’ collective inflows to $209 million. For the remaining trading days of the week, the funds recorded inflows totaling $11.8 million, $165.7 million, and $83.1 million, respectively.

Ethereum ETF Outflows Persist

Ethereum ETFs’ outflows persisted as the week progressed. Between Monday and Friday, investors withdrew a total of $102.9 million. No spot Ethereum ETF recorded positive flows except Grayscale’s ETHE and 21Shares’ CETH on Wednesday, March 19.

On a monthly basis, investors have withdrawn at least $760 million from U.S. spot Ethereum ETFs. Selling pressure from these outflows was exacerbated by declining whale activity, with the number of addresses holding more than 10,000 ETH falling sharply from 999 to 919.

Although selling activity tied to ETF outflows exerted significant negative pressure on ether’s price, the latest data evaluated by on-chain analyst Ali Martinez revealed ETH may be at a turning point. Whales bought 470,000 ETH last week, and around 1.2 million ETH has left crypto exchanges in the last 48 days, probably moving to cold storage.

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