Introducing ZUSD
Introducing ZEN USD (ZUSD), the first Horizen EON stablecoin redeemable 1-to-1 for US dollars
Supported Network
Horizen EON
How to Buy & Sell ZUSD
Create a Stably Ramp account and complete user onboarding.
Follow this guide on how to open a Stably Ramp account.
Follow this guide on how to buy digital assets (including ZUSD).
Overview
ZEN USD (ZUSD), built upon the Horizen EON blockchain, is a stablecoin created by Stably in partnership with Horizen. The collateral of ZUSD is held in bank deposits, money market instruments, and USDC by a designated trustee for the benefit of verified ZUSD token holders. Additionally, periodic attestations shall be performed by an independent attestor to verify that every ZUSD token in circulation is fully backed with collateral.
With ZUSD, anyone in the world can easily on-ramp from fiat and stablecoins on other networks to EON, settle payments or cross-border remittances near-instantly, and interact with Web3 applications within the EON ecosystem.
