Anzen Finance to Launch USDz Stablecoin on Fjord Platform December 2, 2024, with $87 Million TVL

Anzen Finance is set to launch on the Fjord platform on December 2, 2024, with a focus on its USDz stablecoin, which currently has a total value locked (TVL) of approximately $87 million. USDz is designed to be backed by tokenized private credit and is integrated across more than 35 protocols, offering attractive yields. The announcement follows the successful performances of other projects on Fjord, such as $LAIKA, which achieved a peak of 10 times its initial value, and $AIFUN, which reached 20 times. The launch of Anzen on Fjord has generated interest due to its innovative technology and potential in the decentralized finance (DeFi) sector. Additionally, the platform has seen previous successful launches, including Contango, which increased from a fixed price of $0.045 to $0.075 within a week.