Zoth’s ZeUSD Off to a Strong Start, Reaching Over $27M in TVL Within 6 Weeks in its Beta Launch – Public Access Set for March 1st
SINGAPORE, Feb. 26, 2025 /PRNewswire/ — Zoth, the first of its kind restaking layer for RWAFi, is set to open ZeUSD, its fully RWA-backed stable token, to the public on March 1.
This milestone follows ZeUSD’s remarkable success in beta, where it has already surpassed $27M Total Value Locked (TVL), demonstrating strong institutional and community confidence in its stability and utility.
ZeUSD is designed to be a fully composable, RWA-backed Collateralised Debt Position (CDP) stable token issued on top of high-quality liquid on-chain or off-chain RWAs like U.S. T-BIlls, ETFs, MMFs, Reverse Repos, etc.
Institutional Backing & Rapid Growth
Since launching in beta, ZeUSD has gained traction among institutional players and liquidity providers, contributing to its rapid TVL growth. Following this momentum, Zoth also ran an exclusive campaign where a select group of users was whitelisted for early access to ZeUSD, generating significant interest and further contributing to the TVL. ZeUSD saw strong traction from Top DeFi liquid funds, crypto whales, hedge funds, TradFi institutions and retail
Stablecoins are the fastest-growing sector in crypto, and ZeUSD is a pioneering concept in the re-staked RWA-backed stablecoin space.
This success reflects a broader shift toward regulated and asset-backed stablecoins as investors seek more secure alternatives in the evolving digital asset landscape.
“ZeUSD’s early adoption signals a new era of stability and trust in on-chain finance,” said Pritam Dutta, Founder at Zoth. “With $180M the pipeline from institutional DeFi and TradFi players, we are poised to accelerate ZeUSD’s growth and establish it as a cornerstone in the evolving stablecoin landscape.”
“Zoth is bridging the gap between TradFi and DeFi in a way that’s truly impactful, and we at Blockchain Founders Fund are excited to support their journey. ZeUSD’s rapid growth shows the strong demand for asset-backed stablecoins.” – Aly Madhavji, Managing Partner at Blockchain Founders Fund
Public Launch & Future Roadmap
With the March 1st public rollout, ZeUSD will be accessible to a broader audience, allowing users to mint, trade, and utilize it seamlessly.
“The overwhelming response during our beta phase reaffirms the market’s need for a transparent, asset-backed stablecoin that provides real utility,” said Koushik Bhargav, Co-founder of Zoth. “ZeUSD is designed to be a cornerstone of on-chain financial infrastructure, and we are excited to open it to the public, empowering more users and institutions with a reliable digital asset.”
As Zoth continues to expand its ecosystem, further integrations, partnerships, and utility enhancements for ZeUSD are already in motion, including off-chain RWA collateralization. This game-changing approach could accelerate the growth of the stablecoin market. With key industry players already taking notice, Zoth is actively working on bridging off-chain assets with on-chain liquidity, paving the way for trillions of dollars worth of stable RWAs to be brought on-chain in the near future.
This launch marks a pivotal moment in Zoth’s journey as it accelerates its vision of making real-world assets more accessible and efficient through blockchain technology.
For more details on ZeUSD and its upcoming integrations, visit zoth.io or follow @zothdotio.
About Zoth
Zoth is building the first re-staking layer for the RWAFi ecosystem, blending the scalability of TradFi with the innovation of DeFi. Zoth creates a permissionless layer for on-chain and off-chain RWAs, enhancing access and DeFi utility.
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SOURCE Zoth
