World App Starts Virtual Bank Accounts Pilot for USDC Payroll Deposits

World App, associated with Sam Altman's World blockchain network, has initiated a pilot program in the U.S. to offer virtual bank accounts to its users. This feature provides unique virtual account numbers, allowing users to receive direct deposits, such as payroll, straight into the World App. Funds deposited are automatically converted into USDC, bypassing the need for employers to interact with blockchain rails or worry about gas fees. The company views this as a crucial step toward simplifying crypto on-ramps, emphasizing that the service offers fast, global, 24/7 finance without fees for adding money from a bank, sending USDC internationally, or spending it instantly. Future phases plan to expand this service to additional countries.

(Source：CoinDesk)