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Mantapex
Zoth ZeUSD
ZeUSDpeggedUSD
fiat-backed
DeFiLlama peggedUSD Stable·$1.00·$27.6M mcap·4 chains

Stablecoin Profile

Zoth ZeUSD (ZeUSD) is a fiat-backed stablecoin pegged to USD, with $27.6M in circulating supply across 4 blockchain networks. Each ZeUSD is backed by reserves held by the issuer, with parity attested via defillama. The peg has historically held within ±1% on most trading sessions, with reserve composition and attestation cadence the primary inputs to its credit-risk profile.

Pegged to
USD
Stabilization model
Fiat-backed
Price source
defillama

About Zoth ZeUSD (ZeUSD)

ZeUSD is a fully composable, omnichain, RWA-backed CDP stable token, issued on top of high-quality liquid off-chain or on-chain RWAs like US TBIlls, ETFs, MMFs, Reverse Repos etc

How minting & redemption work

ZeUSD is created when users deposit eligible RWA as collateral to open a collateralized debt position

Recent supply activity

Zoth ZeUSD (ZeUSD) supply was unchanged in the last 24 hours, was unchanged over the past week, and was unchanged over the past 30 days.

24h change
$0
0.00%
7d change
$0
0.00%
30d change
$0
0.00%

Steady issuance: supply has held roughly flat (0.00% over 30 days), consistent with mature stablecoin liquidity dynamics.

Supply History

Network distribution

Zoth ZeUSD circulates across 4 blockchain networks. Ethereum hosts the largest share at 91.86%, followed by Manta at 7.32%. Cross-chain distribution has remained broadly stable over the past 30 days.

ChainSupplyShare24h Δ30d Δ
Ethereum$25.4M91.86%0.00%0.00%
Manta$2M7.32%0.00%0.00%
Metis$226.9K0.82%0.00%0.00%
Avalanche$59.90.00%0.00%0.00%

Peg stability history

Zoth ZeUSD (ZeUSD) is designed to trade at exactly 1.00 USD, with its peg defended through direct redeemability against off-chain reserves. Spot price currently sits at $0.9999, a -0.010% deviation from the target — well inside the stability band typical for reserve-backed dollar tokens.

Current price
$0.9999
Deviation from peg
-0.010%
Stability band
Tight (±0.1%)

How reserve-backed stablecoins defend their peg

Fiat-backed stablecoins maintain their peg through arbitrage: any time the secondary-market price drifts above $1.00, authorised participants mint new tokens by depositing dollars and sell them into the market; any time it drifts below, they buy on the open market and redeem 1:1 for dollars. The peg therefore depends entirely on (a) the reserves actually existing, (b) the issuer honouring redemption requests promptly, and (c) the issuer remaining solvent and unfrozen.

Practical implications for holders

  • Counterparty risk is concentrated in the issuer and its banking partners — a banking failure (as in the March 2023 USDC / SVB episode) can cause short-term depegs even when the underlying reserves are sound.
  • Reserve attestations are not full audits. Always read the firm name, scope, and date of the latest attestation report before treating the peg as risk-free.
  • Redemption rights typically apply only to verified institutional partners, not to retail holders. Retail exposure is exited via secondary markets, where liquidity matters most during stress periods.
  • Regulatory action against the issuer (NYDFS orders, OFAC freezes, court-ordered blacklists) can immediately impair specific addresses or even the entire token.
  • Mantapex tracks peg deviation in real time from DeFiLlama price feeds, but for high-value holdings cross-check directly on at least one independent venue (CoinGecko, the issuer's own dashboard, or an on-chain DEX).

Peg-stability commentary is based on the mechanism class (reserve-backed) and is provided for educational purposes only — it is not financial advice. Past peg stability is not a guarantee of future performance, and even the highest-quality stablecoins have historically traded outside their target band during banking, regulatory, or liquidity stress.

Contract addresses

Zoth ZeUSD (ZeUSD) is deployed as a token contract on 1 blockchain network below. Always verify the contract address you're interacting with on the relevant block explorer before sending funds — phishing tokens reusing well-known stablecoin tickers are common, especially on newer chains.

ChainContract addressVerify
Ethereum0x2d3D1a6982840Dd88bC2380Fd557F8A9D5e27a77Explorer

Contract addresses are sourced from DeFiLlama's stablecoin profile. Some chains (Tron, Solana, Aptos, Sui) use non-EVM address formats. The "Explorer" link opens the official block explorer for the given chain; we do not link out to third-party explorers that may show altered data.

Compare Zoth ZeUSD to other fiat-backed stablecoins

Below are the largest fiat-backed stablecoins tracked on Mantapex alongside Zoth ZeUSD (ZeUSD). Comparing supply and chain footprint within the same mechanism class is more meaningful than cross-class comparison, because the underlying peg-defence assumptions are different.

StablecoinSupplyMechanismChains
Tether (USDT)$184.1Bfiat-backed107
USD Coin (USDC)$79.6Bfiat-backed125
World Liberty Financial USD (USD1)$4.5Bfiat-backed8
PayPal USD (PYUSD)$4.1Bfiat-backed7
BlackRock USD (BUIDL)$2.5Bfiat-backed8

Across mechanism classes

If you're researching ZeUSD as part of a broader stablecoin allocation, it's worth comparing it across mechanism classes — each design has different counterparty, custody, and tail-risk profiles.

Peg Stability

Chain Distribution

Resources & data sources

Zoth ZeUSD (ZeUSD) is tracked across major crypto data providers. The links below open Zoth ZeUSD (ZeUSD)'s pages on DeFiLlama, so you can cross-check supply, market cap, exchange listings and historical price data directly at the source.

Price feed sourced from defillama. Supply, peg and chain-distribution data are aggregated from DeFiLlama's stablecoins dataset, which combines on-chain balances across supported networks. Numbers on this page typically refresh every 10 minutes.

Related stablecoins

Stablecoins comparable to Zoth ZeUSD by collateral mechanism, peg currency, or circulating supply — handy for spotting alternatives if a peg breaks or a regulator forces a delist.

Risk Warning

Stablecoins carry risks including de-pegging, regulatory changes, and counterparty risk. Always diversify and do your own research.