Worldcoin to cease paying Orb operators in USDC as early as November

Worldcoin is set to begin paying its Orb Operators — those rewarded for scanning people’s eyes — with its native Worldcoin (WLD) token, phasing out USD Coin (

According to Worldcoin, a total of five market making entities received the 100 million WLD loans which were due to expire on Oct. 24, 2023. However, Worldcoin said that it would extend the expiration date of these loans to Dec. 15, with a reduced amount of 75 million WLD.

“The market makers will return or, alternatively, purchase some or all of the remaining 25 million as part of the agreement,” read the announcement.

The price of Worldcoin’s native WLD token has regained slightly in recent weeks following a somewhat prolonged post-launch slump.

WLD reached an all-time-high of $2.65 on July 27, before falling 63% to reach as low as $0.97 on Sept. 13. It is currently changing hands for $1.64 according to data from TradingView.