Stability
The stability of wUSDC is pegged to the value of the US dollar. Like USDC itself, wUSDC is designed to maintain a 1:1 ratio with the US dollar. This means that 1 wUSDC token should always be worth approximately 1 US dollar. It's an attractive option for Crypto transactions where price volatility is a concern, such as with flight bookings.
Fast Transactions
Traditional payment methods, such as credit cards or bank transfers, may encounter delays due to international banking processes. With wUSDC, transactions are completed directly on the blockchain, speeding up the payment process for travellers booking flights across different countries.
Security
Booking flights with wUSDC provides security features through blockchain technology. Transactions are securely recorded on the blockchain, with a resistance to fraud. Smart contracts automate and execute transactions, adding an extra layer of security. Users maintain full control over their funds with private key ownership, enhancing security and autonomy. Additionally, USDC, the stable-coin for wUSDC, is issued by regulated financial institutions.