| gm Bankless Nation,
Sam Altman's World wants you to get paid onchain. Today's Issue ⬇️ - ☀️ Need to Know: Polymarket All-Clear
The CFTC gives Polymarket the U.S. go-ahead. - 🗣️ Tactic: Banking in World App
Go crypto native with World's neobanking. - 🎧 Premium Pod: Ethereum's Next 5 Years
Ethereum's Tomasz K. Stańczak talks the future.
p.s. Check out the Ethereum TED talks from Bankless Summit II — powered by M0, the universal platform enabling builders to create application-specific stablecoins. Sponsor: Unichain — Faster swaps. Lower fees. Deeper liquidity. Explore Unichain on web and wallet. . . . NEED TO KNOW Polymarket Gets Green Light - 🎰 Polymarket Gets Green Light from CFTC to Reenter U.S. Market. The onchain betting platform had already cleared its path for reentering the market by acquiring designated contract market QCX this summer.
- 💸 Buy Now Pay Later Giant Klarna Prepping Stablecoin on Stripe's Tempo Chain. The fintech firm debuted KlarnaUSD on Tempo's testnet.
- 💣 MegaETH USDm Launch Causes Chaos. MegaETH’s pre-deposit hit KYC outages and a multisig error that triggered confusion and frustration.
📸 Daily Market Snapshot: Wall Street returned to rally mode with stock indices posting major gains Tuesday, but crypto missed out on the market love as prices continued to stall. | Prices as of 4pm ET | 24hr | 7d |  | Crypto $3.00T | ↘ 1.7% | ↘ 5.1% |  | BTC $87,196 | ↘ 2.1% | ↘ 6.2% |  | ETH $2,934 | ↘ 1.2% | ↘ 6.2% | . . . TACTIC How to Start Banking with World App If you don’t know where to get started, getting your money onchain can still be quite complicated compared to traditional rails. But this gap is closing fast. More and more crypto neobanks, or simply crypto apps with banking features, are hitting the market, with World App being the latest one. Last week, the World mobile app — the front-end and social hub for World Chain — rolled out virtual bank accounts, giving every user a real account number and standard banking features like direct deposit, all of which can flow straight into crypto. Your employer can pay you. Businesses can pay you. You can transfer from your own bank. All through standard banking rails that everyone already understands. The money converts to USDC automatically and lands onchain. No exchanges, no bridges, no complexity. Just deposits that work like normal banking but end up as stablecoins in your wallet. The pilot is live in the U.S. now, with global expansion coming later. Let me walk you through how to get started. Setting Up Your AccountCreating your Virtual Bank Account takes only a few minutes. Here's the walkthrough: - Start the Setup — Open World App and go to the center Wallet tab. Find Bank account. It'll show "Set Up" if you haven't created one yet.
- Create Your Account — Tap Create virtual account.
- 'Pick' Your Currency — Select your currency by tapping Add. Currently, USD is the only option so don’t be confused if that’s all you see.
- Verify Your Identity — Choose a verification method and tap Continue. You'll go through KYC with Lead Bank (World's partner bank). It's standard identity verification — nothing unusual.
Once verified, your Virtual Bank Account will immediately be created. Tap Account details to see your account number, routing number, and bank info. Share the details with your employer, start receiving payments, or fund it from your own bank. What to Remember- Each account is unique to you and your World Wallet
- You can create multiple accounts
- Everything deposited converts to USDC automatically
 via World App Getting Money Into Your AccountOnce your account exists, the process for receiving money is straightforward. - Go to Your Account — Open the Wallet tab and select Bank account. If you’ve made multiple, choose the one you want to use and tap Details.
- Get Your Account Info — Tap Account details. You'll see your routing number, account number, and bank name.
- Share the Details — Give these to whoever's paying you – your employer, a client, or yourself if you're transferring from your own bank. You can tap Share all details to send everything via email or messaging.
- Wait for the Notification — You'll get an app notification when funds arrive and convert to USDC.
Important NotesACH transfers typically take 1-3 business days while wires process within hours. If you're sending money from your own bank account, the name on your bank account must match your Virtual Bank Account name — this is a security requirement you can't bypass. The minimum transaction is $1. If you run into problems with deposits, follow the steps in World’s guide here to resolve the issue. Closing ThoughtsRecently I wrote about the rise of crypto-native neobanks, a trend which World’s release fits neatly in. And, since blockchains make it so easy to offer banking functionality — deposits, transfers, stablecoin accounts — I expect more apps, particularly “social” or “dashboard” apps, to follow this pattern too. We’ve seen Farcaster focusing more and more on integrating financial features, with their recent(ish) deposits campaign hinting at more than just a move to stimulate trading. Phantom has also evolved from a wallet to a social network and now (essentially) a bank account. The vision all these apps are driving to becomes clearer by the day, a unified hub for your money, accepted by traditional systems and augmented by onchain ones. Many may miss the mark but, at the end of the day, it’s hard not to believe one will succeed in demonstrating crypto’s potential to the masses. FRIEND & SPONSOR: UNICHAIN Unichain offers the most liquid Uniswap v4 deployment on any L2 – giving you better prices, less slippage, and smoother swaps on top trading pairs. All on a fast, low-cost, and fully transparent network. Start swapping on Unichain today. . . . PREMIUM POD Ethereum's Next 5 Years Bankless just got back from Buenos Aires where we hosted the Bankless Summit. Our sold-out one day event hosted the who's who of the Ethereum ecosystem and held a series of stellar talks which Bankless Citizens are already starting to get access to. In the fifth talk of the Summit, Ethereum Foundation leader Tomasz K. Stańczak gave a rapid-fire tour of Ethereum’s next five years, from scaling and developers to institutions and global adoption.
He shows how the EF is reorganizing to support founders, L2s, enterprises, and researchers while pushing Ethereum toward a world where all assets and applications run on open, permissionless infrastructure. Listen along to the full episode 👇 | 
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