USDz - the RWA-backed Stablecoin

Ben Shyong is the Co-Founder of Anzen Finance, a digital asset platform that issues USDz, a Real World Asset (RWA) backed stablecoin. Why you should listen Anzen Finance is a web3 protocol for minting and staking USDz, a stablecoin backed by a portfolio of private credit assets. USDz is a composable digital asset with utility across different crypto platforms. Token holders can use their USDz to participate in DeFi protocols, trade on exchanges, and use it for online payments. Users can buy or sell USDz permissionlessly on Automated Market Makers (AMMs) with USDC. Qualified Market Makers can directly mint USDz with Anzen if they fulfill the KYC/KYB requirements. Users can stake USDz in certain jurisdictions to receive sUSDz and earn staking rewards. As an ERC-20 compatible token, USDz functions across all crypto protocols. It is also compatible with the LayerZero Omnichain Fungible Token (OFT) standard for bridging across multiple blockchains. Anzen is working with partners to increase the usefulness of USDz across the entire DeFi ecosystem. RWA tokenization injects liquidity into traditional assets and enables fractional ownership and seamless global transactions without complex bureaucratic processes. Tokenized RWAs open the market to a wider range of digitally savvy investors by lowering entry barriers and providing flexible investment opportunities. Thus, digitized RWAs positively affect retail and institutional investors and the financial markets. Supporting links Stabull Finance Anzen Andy on Twitter  Brave New Coin on Twitter Brave New Coin  If you enjoyed the show please subscribe to the Crypto Conversation and give us a 5-star rating and a positive review in whatever podcast app you are using.