3 Facts about the $WUSD Token

in #tokens • 4 years ago

Fact 1️⃣
Work USD (WUSD) is a crypto-collateralized stablecoin, which means that the asset is backed by some other cryptocurrency. Backed by $WQT, $BNB, $ETH, $USDT and $USDC, $WUSD is pegged against the US Dollar and allows for using a basket of crypto-assets as a reserve.

Fact 2️⃣
All the payments between Employer & Employee on the WorkQuest platform are made in $WUSD—including salaries, insurance, borrowing&lending, retirement, savings funds contributions, and more.

Fact 3️⃣
With the use of the $WUSD stablecoin, users can easily and secure transfer funds using WorkQuest wallet. Additionally, users can exchange for another cryptocurrency or withdraw to a bank card.
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#stablecoin #digitalasssets #blockchain #crypto #cryptoassets
4 years ago in #tokens by
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