The World Platform Enhances Financial Services: Encrypted Chat, Up to 18% Yield on WLD, and Multi-Stablecoin Support

In the rapidly evolving landscape of Western super-apps, Tools for Humanity is accelerating the transformation of World App from a simple crypto wallet to a comprehensive financial ecosystem. The company announced on Thursday a series of significant updates including end-to-end encrypted messaging, new yield products, and an enhanced global payment infrastructure.

Encrypted Messaging and Mini-Apps: Towards a Unified Experience

The new chat system integrated into World App automatically distinguishes between users with verified and unverified World ID identities, allowing digital asset transactions directly within conversations. The platform now also hosts third-party mini-applications, from prediction markets to financial services, functioning seamlessly within the messaging interface.

According to co-founders Sam Altman and Alex Blania, the release also introduces optional profile photo verification, a measure aimed at reducing identity theft and abuse on the platform. These developments position World App as a competitor in the all-in-one app segment, echoing the successful model of Asian super-apps like WeChat.

Attractive Yields: up to 18% on WLD and 15% on USDC

The financial component of the update introduces yield products powered by the DeFi protocol Morpho, offering Worldcoin (WLD) holders an annual rate of up to 18%, while USDC depositors can access yields up to 15%. With WLD currently trading at $0.55 and USDC pegged at $1.00, these yields present a significant opportunity for subscribers interested in passive strategies.

The expansion also includes support for EURC and various tokens tied to Latin American currencies, enabling greater inclusion of users in emerging regions. In Argentina, users can now make purchases at over one million merchants using QR codes, a crucial step toward mainstream adoption.

Global Payment Infrastructure: Virtual USD in 18 Countries

Virtual USD accounts, powered by Bridge, are now available in 18 nations, including the United States, Japan, and numerous Latin American markets. This feature allows recipients to receive salaries directly on World App, fund accounts from traditional banks, and spend USDC effortlessly.

The Broader Context: The Race for Super-Apps

Tools for Humanity fits into a broader industry trend of Western tech companies aiming to build versatile ecosystems. Ambitions for all-in-one models have also resonated with other platforms: exchange platforms have repositioned their wallets as complete apps, while banking companies are integrating crypto services. This landscape reflects the growing awareness that the future of digital services lies in seamless integration of social, payments, and finance.

The technological infrastructure supporting World also supports Bitcoin (BTC) and Ether (ETH), with BTC quoted at $95.16K and ETH at $3.28K, providing customers access to major digital assets within the ecosystem.

Tools for Humanity remains the central driver of the development of World Network and the management of World App, consolidating its position as a strategic player at the convergence of digital identity and decentralized financial services.