The Worldcoin Foundation has announced its plans to transition Orb device operators' payments from USDC to the native WLD tokens. This decision comes as the circulating supply of WLD tokens surpasses 1% of its total token supply of 10 billion tokens.

The foundation intends to remunerate Orb operators responsible for enrolling individuals into the Worldcoin network by utilizing WLD tokens instead of USDC stablecoins. The transition is expected to be finalized within the coming month.

Since its launch on July 24, 2023, the circulating supply of the WLD token has consistently grown, driven by the Foundation's dedication to establishing an extensive user network. Market-maker agreements, particularly the renewal of agreements with World Assets Ltd., a subsidiary of the Worldcoin Foundation, play a significant role in influencing the token's circulating supply.

World Assets Ltd. has extended these loan agreements until December 15, 2023, reducing the loan amount to 75 million WLD. As a result, on October 24, 2023, the market makers will return up to 25 million WLD of the outstanding loan. This renewal of market maker agreements with reduced loan amounts is expected to impact the circulating supply of WLD tokens, reducing it by up to 25 million coins.