USD ZEE is a stablecoin backed by actual assets, including USD. One USD ZEE equals one underlying unit of the currency backing it, e.g., the U.S. Dollar, and is backed 100% by actual assets in the USD ZEE platform’s reserve account. Being anchored or “USD ZEE” to real world currency, USD ZEE provides protection from the volatility of cryptocurrencies.
USD ZEE enables businesses – including exchanges, wallets, payment processors, financial services and ATMs – to easily use fiat-backed stablecoin on blockchains. By leveraging Blockchain technology, USD ZEE allows you to store, send and receive digital stablecoin person-to-person, globally, instantly, and securely for a fraction of the cost of alternatives. USD ZEE’s platform is built to be fully transparent at all times.
The USD ZEE platform is built on top of open blockchain technologies, leveraging the security and transparency that they provide.
USD ZEE’s blockchain-enabled technology delivers world-class security while meeting international compliance standards and regulations.
The value of our reserves is published daily. The value of our reserves matches or exceeds the value of all USD ZEE in circulation.
USD ZEE converts cash into digital currency, to anchor or USD ZEE the value to the price of national currencies like the US dollar.
At USD ZEE, we are re-building the infrastructure of finance. We want to make it possible to move any assets anywhere, instantly – and therefore democratize access to a new, global, frictionless economy. We take a two-pronged approach of establishing regulatory designations that give us access to the current financial infrastructure and developing innovative products. This allows us to operate as a gateway between traditional finance and the digital future.
We hold and safeguard both physical and digital assets, as the first Trust approved to custody cryptoassets
We build technology that allows assets to live and move on any blockchain
We make it possible for you to trade, sell, buy and transact with assets in a frictionless, global economy
We hold ourselves to a high standard to impact the world in a positive way. We operate by these principles:
Offer your services in a variety of digital currencies Price goods and services in a currency your customers are familiar with Reduce operating costs and times by passing financial institutions
Use USD ZEE as an alternative to traditional currency deposit and withdrawal methods Secure and manage customer assets purely through crypto-processes, including multi-sig Settle fiat balances between exchanges much easier and in real-time
Seamlessly move currency between exchanges and wallets Enhance your cross-exchange and currency arbitrage strategy Be the custodian of your own funds and eliminate exchange custodial risk
Think of a stablecoin as a digital version of the physical dollar in your pocket. It's the next evolution of money - digital cash. A stablecoin gives you all the benefits of cryptocurrency, like fast and borderless transactions, without any of the volatility. And unlike other forms of digital money (e.g. PayPal, banks), you have full ownership of your money, the same way you would if you were holding a physical bill in your hands. Stably gives you full control of your money and the ability to send money to anyone in the world instantly - all with no fees.
Every USD ZEE is always 100% backed by our reserves, which include traditional currency and cash equivalents and, from time to time, may include other assets and receivables from loans made by USD ZEE to third parties, which may include affiliated entities (collectively, “reserves”). Every USD ZEE is also 1-to-1 pegged to the dollar, so 1 USDZ is always valued by USD ZEE at 1 USD.
Launched in 2019, USD ZEE is a blockchain-enabled platform designed to facilitate the use of fiat currencies in a digital manner. USD ZEE works to disrupt the conventional financial system via a more modern approach to money. USD ZEE has made headway by giving customers the ability to transact with traditional currencies across the blockchain, without the inherent volatility and complexity typically associated with a digital currency. As the first blockchain-enabled platform to facilitate the digital use of traditional currencies (a familiar, stable accounting unit), USD ZEE has democratised cross-border transactions across the blockchain.
USD ZEE exist on blockchains using the ERC20 tokens. These transport protocols consist of open source software that interface with blockchains to allow for the issuance and redemption of cryptocurrency stablecoin, in our case, “USD ZEE.” USD ZEE Platform currencies are 100% backed by USD ZEE’s reserves. USD ZEE are redeemable and exchangeable pursuant to USD ZEE Limited’s terms of service. The conversion rate is 1 USD ZEE USDZ equals 1 USD. The ZEE Platform is fully reserved when the sum of all ZEE in circulation is less than or equal to the value of our reserves. Through our Transparency page, anyone can view both of these numbers on a daily basis. ZEE on the Ethereum blockchain, as an ERC20 token, is a newer transport layer, which now makes ZEE available in Ethereum smart contracts or decentralised applications on Ethereum. As a standard ERC20 token it can also be sent to any Ethereum address.
ZEE is built on top of the revolutionary and cryptographically secure open blockchain technologies and adheres to strict security and global government laws and regulations. All ZEE are pegged at 1-to-1 with a matching fiat currency (e.g., 1 USDZ = 1 USD) and are backed 100% by ZEE’s reserves. As a fully transparent company, we publish a daily record of our bank balances and the value of our reserves. ZEE can be securely stored, sent and received across the blockchain and are redeemable for cash (the underlying pegged asset) pursuant to ZEE Limited’s terms of service.
We want to make ZEE usable everywhere where you can use digital currency and in many places where digital currencies is not currently accepted.