ZUSD is a stablecoin created by Zytara Capital and issued by Prime Trust, a Nevada-chartered trust company that is also the regulated administrator for ZUSD. Each ZUSD is 100% collateralized with a corresponding USD held with Prime Trust, redeemable through Prime Trust at a 1:1 ratio and subject to examinations by an independent accounting firm with reports that are made publicly available on a regular basis.
ZUSD is money for the gaming industry and beyond with use cases including:
• Monetization of in-game currency across a global ecosystem
• Enable real-time payment transfers 24/7/365
• Resolve many of the issues with global tournament prize payouts