Ben Shyong is the Co-Founding father of Anzen Finance, a digital asset platform that points USDz, a Actual World Asset (RWA) backed stablecoin.
Why it’s best to hear
Anzen Finance is a web3 protocol for minting and staking USDz, a stablecoin backed by a portfolio of personal credit score belongings. USDz is a composable digital asset with utility throughout totally different crypto platforms. Token holders can use their USDz to take part in DeFi protocols, commerce on exchanges, and use it for on-line funds.
Customers can purchase or promote USDz permissionlessly on Automated Market Makers (AMMs) with USDC. Certified Market Makers can straight mint USDz with Anzen in the event that they fulfill the KYC/KYB necessities. Customers can stake USDz in sure jurisdictions to obtain sUSDz and earn staking rewards.
As an ERC-20 appropriate token, USDz features throughout all crypto protocols. Additionally it is appropriate with the LayerZero Omnichain Fungible Token (OFT) commonplace for bridging throughout a number of blockchains. Anzen is working with companions to extend the usefulness of USDz throughout all the DeFi ecosystem.
RWA tokenization injects liquidity into conventional belongings and allows fractional possession and seamless world transactions with out complicated bureaucratic processes. Tokenized RWAs open the market to a wider vary of digitally savvy traders by reducing entry boundaries and offering versatile funding alternatives. Thus, digitized RWAs positively have an effect on retail and institutional traders and the monetary markets.
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