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funfact: today I learnt stablecoins are not really stable. they’re just centralized. 

Anzen finance is a RWA-stablecoin issuer. They have two tokens USDz and sUSDz. 

USDz is fully backed by institutional-grade real world assets, private credit assets 

Anzen’s asset originator is underwritten by Blackrock, Bank of America, JP Morgan, Goldman Sachs, UBS, Moodys and others alike. 

Here are some observations:

- USDz isn’t really a stablecoin backed by the dollar, it’s just named USDz but it’s backed by private credit assets.

- USDz is minted against collateral ensuring that each token is backed on a 1:1 basis with SPCT representing tokenized real-world assets.

- RWA are private credit/debt based in the USA — hedging on one country & it’s economy.

- By the looks of it, the goal of any stablecoin project is to populate the market, get a % to stake and earn yield.

- This is an interesting usecase to bring traditional retail investor onchain, especially as credit is a huge industry already.

onchain explorer. player /purple /tokyowip /openventures more @ 314yush.xyz