Wallet app not showing in Watch app

Hello!

I wanted to set up a new card on my watch and I did not find the Wallet app in the Watch app on my iPhone. Is there something that I can do?

Some mentions:

• I have a Apple Watch Series 5 with the latest firmware update (watchOS 9.2). I have my watch since 2020 and until now I was able to see my cards in the Watch app on iPhone. Now it's completely gone;
• My iPhone 12 Pro Max is also up-to-date (iOS 16.2);
• I noticed that when I search for "Wallet" in the Watch app, I get results like "Add New Card" and other wallet settings, but I cannot access them.
• On my watch I can find the Wallet app and I can access it. But can't do much there.
• I restarted both my Watch and iPhone and still nothing.

Thank you!