We are thrilled to announce a groundbreaking partnership between Metis and Zoth with the launch of ZeUSD—a next-generation stable token designed to bring institutional-grade stability and innovative yield opportunities to the Metis ecosystem. This collaboration represents a strategic blend of traditional finance (TradFi) and decentralized finance (DeFi), providing secure, scalable access for both institutions and retail markets. The integration of ZeUSD has already shown its impact, as evidenced by the robust growth in the Total Value Locked (TVL) within the Metis ecosystem, now boasting a circulating supply of 11.81 million tokens. This significant milestone underscores the growing DeFi opportunities emerging within the Metis ecosystem capacity to innovate and deliver value through strategic initiatives like our partnership with Zoth.
Zoth is building a community-first restacking layer for the RWAFi ecosystem, blending TradFi's scalability with DeFi's innovation. Creating a permissionless layer for on-chain and off-chain RWAs, Zoth enhances access and utility within DeFi. By joining forces with Metis, Zoth has rolled out ZeUSD, a stable token backed by a diverse portfolio of Real-World Assets (RWAs), including U.S. T-Bills, ETFs, and Money Market Funds (MMFs). Leveraging these stable and reliable assets, ZeUSD enables users to mint tokens directly from Ethereum in a permissionless manner, bridging the stability of institutional assets with the capital flexibility of cryptocurrency.
ZeUSD is more than just a new stablecoin; it's a pivotal innovation that opens up a multitrillion-dollar market of RWAs to the DeFi community. It offers unprecedented opportunities in lending, borrowing, and liquidity pools, among other DeFi applications. The institutional-grade backing of ZeUSD ensures a reliable foundation for stablecoin utility, enabling greater economic security and operational efficiency within the Metis DeFi ecosystem.
The introduction of ZeUSD enhances the stability and trustworthiness of the digital currency landscape, significantly reducing volatility and boosting user confidence. By facilitating a smoother transition from traditional to decentralized finance, ZeUSD empowers you, our users, to explore and expand into new avenues of DeFi growth.
Additionally, ZeUSD users can benefit from real-world institutional yields, earning rewards from assets such as T-bills and money market funds.
Currently available for whitelisted users, Zoth is running a pre-deposit campaign that provides early access to ZeUSD issuance and stacked rewards. Register for the campaign at ZeUSD Pre-Deposit Campaign and get ready to dive into the future of stable tokens on Metis. Here’s how to leverage ZeUSD on Metis: