3 Facts about the $WUSD Token
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.
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.
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.