PennyWorks safely converts your US Dollars to USD Coin with a 1:1 conversion rate. These digital assets are then "put to work", hence the name PennyWorks.

The blockchain enables your money to earn high yield through a decentralized lending protocol leveraging the scarcity of these digital coins in your favor.

Stablecoins are:

• More useful and flexible than physical dollars
• Used to reduce risk in times of volatility
• Much more scarce in the economy than USD