Sign Up
Log In
Search
Ratings Bookmarks About Subscribe
[GMO Internet Group]

ZUSD

Grade
B+
Date of Rating:
-
Last Change:
-
SMIDGE Scores
[S] Stability
[M] Management
[I] Implementation
[D] Decentralization
[G] Governance
[E] Externals
[S]
N/A
[M]
N/A
[I]
N/A
[D]
N/A
[G]
N/A
[E]
N/A
ZUSD Price
Last Update:
07/12/58564 16:40:00
$0.998844
Market Cap
$-1
24h Volume
$31
Collater­alization
100%
Type of Peg
Fixed - To Fiat
Type of Backing
Fiat
Data provided by
Coingecko
SMIDGE Scores
[S] Stability
[M] Management
[I] Implementation
[D] Decentralization
[G] Governance
[E] Externals
[S]
-
[M]
-
[I]
-
[D]
-
[G]
-
[E]
-
Core Team
  • Hidden Name
  • Hidden Name
Audits
Native Chains
  • Chain
Links
Full Report
Scoring Guidelines
[S]
[M]
[I]
[D]
[G]
[E]
0.00
0.00
0.00
0.00
0.00
0.00
GMO Internet Group
B+
  • ZUSD by GMO Internet Group is backed by bank deposits held in custody by the East West Bank. Since ZUSD is being phased out, the deposits are held to fulfil redemption requests from current holders.
  • ZUSD is issued by GMO Internet Group via the GMO-Z.com Trust Company, which is regulated as a limited purpose trust company by the New York Department of Financial Services.
  • Reserves backing ZUSD are held in segregated accounts for the benefit of token holders, and cannot be used for the issuer’s regular business operations. These assets will likely remain protected from any potential bankruptcy of the issuer.
  • Institutional and retail users can redeem ZUSD directly with the issuer. However, users are not allowed to mint any new ZUSD.
  • Suitability - Since ZUSD is being phased out, we do not recommend using this stablecoin. Users are better served with other options.

GMO Internet Group
Stability

ZUSD is backed by bank deposits. Reserves are held in segregated accounts by the East West Bank.

Market makers maintain the peg through arbitrage with the underlying reserves. Users can directly redeem with the issuer, but no longer mint new supply.

GMO Internet Group
Management

Standard Custody & Trust Company is based in New York, US.

The World Justice Project’s Rule of Law Index ranks the US as 22nd in regulatory enforcement (scoring 0.72 out of 1.00) and 33rd in civil justice (scoring 0.63 out of 1.00) globally. These indicators rate the effective implementation of laws and the ability of citizens to seek legal recourse via the justice system.

GMO Internet Group
Implementation

This factor evaluates technical implementation using indicators like smart contract quality, oracle risk, exploit history, and more.

Currently, we do not assign a standalone score to this factor. An independent assessment of technical risk will be included in future iterations.

GMO Internet Group
Decentralization

This factor evaluates decentralization using indicators such as regulatory oversight, asset custody, governance controls, and more.

ZUSD is not suitable for users who prioritize censorship resistance over regulatory protection. Decentralization is not a key objective for the issuer.

GMO Internet Group
Governance

ZUSD is issued by a limited purpose trust company that is regulated by the New York Department of Financial Services.

The issuer publishes monthly attestations of reserves from an independent accounting firm, and submits audited financial statements to the regulator.

GMO Internet Group
Externals

This factor evaluates external feedback using indicators like prediction markets, social sentiment, perpetual futures, and more.

Currently, we do not assign a standalone score to this factor. An independent assessment of external feedback will be included in future iterations.