DescriptionUSDz is a stablecoin backed by a diversified portfolio of private credit assets, specifically over-collateralized asset-backed securities. These assets are rigorously underwritten in partnership with Percent, a US licensed broker-dealer that has structured and serviced over $1.7 billion in credit deals since 2018.
Category:fiat-backed
Minting and RedemptionAnzen enables users to deposit either SPCT as collateral to create USDz. The protocol deploys capital alongside institutional fiat investors, ensuring a robust and secure backing for USDz.