What is WUSD and how can one use it?
Work USD ($WUSD) is a crypto-collateralized stablecoin, which means that it is backed by some other currency. Backed by Work Quest Token, Work USD (WUSD) is pegged against the U.S. dollar and allows for using a basket of crypto-assets as a reserve.
The WUSD token is used to pay for work in the WorkQuest platform when creating a smart contract between an employer and a worker. It can be used to exchange for another cryptocurrency or withdraw to a bank card in the WorkQuest platform.
Work USD primarily targets employers and employees, offering them an instrument to guarantee the cost of work performed to avoid volatility and loss in value of funds when performing work on the WorkQuest platform.
Thanks for the details explanation about WUSD and how it works, it better we understand the token and the features of the platform. I have a question What is WQT, what's it function, how can it be used in the platform? Please explain to us thanks..