Coffee Coin is the native instrument on the World Eco Money blockchain and it is the very first coin that has been created on Layer 1.

Coffee Coin is a secure cryptocurrency tied to a fiat currency.

Coffee coin must be implemented on its own Layer1 Blockchain from beginning to accomplish essential
features like speed and scalability.

Coffee coins can no longer be mined and can only be minted by outside investment.
Coffee coins can be obtained using any cryptocurrency or tokenized asset that WEM blockchain currently accepts.

Coffee Coins are minted and credited by sending any accepted cryptocurrency or token to the WEM Bridge.

If unstable (volatile) instruments were used to purchase stable Coffee Coin,
the cost of those volatile instruments is fixed at the time of arrival according to exchange rate.

Coffee Coins can also be withdrawn to any supported cryptocurrency or token.
The specified exchange amount will be transmitted from WEM Bridge or Treasury,
and the equivalent quantity of Coffee coins will be burned by transferring them to the
burning wallet with an address similar to WEM10000000000001234…

The value of the Coffee Coin doesn’t fluctuate as it is pegged to USD. For example, 1 WEM always costs 1 USD.

The value of a Coffee coin can never rise above 1 USD (such as 1 USD!= 1.00001 WEM-CFC)
or fall below 1 USD (such as 1 USD!= 0.999.. WEM-CFC). We did this to avoid manipulations.

As a result, Coffee Coin cannot be “de-pegged” and will always preserve its value.