Worldcoin Shifts Orb Rewards Plan to Boost WLD Supply, Ceases USDC Payments

1 min read
Source: Cointelegraph
Worldcoin Shifts Orb Rewards Plan to Boost WLD Supply, Ceases USDC Payments
Photo: Cointelegraph
TL;DR

Worldcoin, a cryptocurrency project, announced that it will stop paying its Orb Operators in USD Coin (USDC) and will instead pay them in its native Worldcoin (WLD) token starting as early as November. This change is part of a transitional phase following the project's official launch in July. Worldcoin also extended the expiration date of its loans to market makers, reducing the amount of WLD to be returned or purchased. The price of the WLD token has experienced fluctuations since its launch, reaching an all-time high of $2.65 in July and currently trading at $1.64.

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