According to Bitjie, World App has launched virtual bank accounts in the U.S. that allow users to receive direct deposits and automatically convert them into USDC without gas fees. The platform, which partners with a Kansas City-based bank, has reached 33 million global users as of September 2025, with 15 million verified via biometric iris scanning. World App integrates stablecoins to enable low-cost, fast cross-border transactions, positioning itself as a bridge between traditional finance and DeFi. The platform also supports a mini-program ecosystem with over 150 apps and a verified-only messaging feature. Regulatory clarity, such as the U.S. Genius Act and EU’s MiCA, has bolstered institutional confidence in stablecoin adoption, with 86% of companies reporting infrastructure readiness. However, the platform faces regulatory scrutiny, particularly in Kenya, where biometric data collection was halted over privacy concerns.
World App Virtual Bank Accounts Drive Crypto Adoption with Zero-Fee Access
币界网Share
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.