World Money, a new self-custodial financial app from Tools for Humanity, has launched in more than 150 countries. The app combines stablecoin payments, digital asset rewards, and trading, with features varying by region. Users can send digital assets, earn rewards on deposits, and access third-party "Mini Apps."
The launch of World Money expands access to self-custodial financial services, integrating payments, rewards, and trading for users globally, potentially increasing adoption of stablecoins and digital assets.
World Money, a new self-custodial financial "super app," has begun its rollout across more than 150 countries, according to an announcement from World. The app aims to combine stablecoin payments, digital asset rewards, and trading capabilities into a single platform.
Users of World Money can send supported digital assets, including stablecoins, to other users via their World username. The app also allows users to deposit eligible assets to earn rewards and to buy and sell digital assets through integrated exchanges. Additionally, users can access third-party "Mini Apps" such as Kalshi, Credit, and Morpho.
A partnership with Stripe will enable users to fund their accounts and purchase stablecoins using Apple Pay, with initial availability for US users. This launch marks a strategic division for World's services, separating identity verification into the World ID App and financial features into World Money.
Existing users of World App and World ID App can leverage their current accounts for World Money. Tools for Humanity, the company co-founded by Sam Altman and Alex Blania that develops technology for the World network, operates World Money. The company has been expanding the financial features of its World App since its launch in May 2023, which initially combined World ID with a crypto wallet, stablecoin transfers, and token trading.