We’ve outlined the main concept of WEM Coin.We envision WEM Coin functioning as a native currency in a decentralized payment system. Unlike some cryptocurrencies that focus on speculative value, WEM Coin is designed with features and use cases that mirror traditional money.

Key concepts of WEM Coin::

Functionality: WEM Coin is intended to facilitate the sale, purchase, and exchange of goods or services, similar to and alongside with traditional currencies.

Stability: WEM Coin is designed to be a Stable Coin, with the value of one WEMC equal to one U.S. dollar. The coin is backed by other major cryptocurrencies through multiple liquidity providers.

Use cases: It can serve as a medium of exchange, a unit of account for pricing goods and services, and a store of value, even during market volatility.