Zoth ZeUSD

ZeUSD is a yield-bearing dollar minted against real-world-asset collateral rather than sold for cash. It comes from Zoth, a platform that routes institutional RWA and DeFi strategies onchain, and the token can only be created by holders of eligible collateral onboarded through Zoth Fi after third-party KYC, with US persons restricted. There is no fiat redemption window: ZeUSD is a claim on that underlying collateral, redeemed through the protocol rather than swapped back to dollars at a bank, and it accrues native yield from the assets standing behind it. It runs across Ethereum, Avalanche, Metis and Manta. Because its backing is tokenized real-world credit and treasuries rather than cash, its safety tracks the quality and custody of that collateral and the soundness of the onboarding, a materially different risk profile from a plain cash-reserve stablecoin.