# Anzen Finance > Sustainable yields in all market conditions, backed by institutional grade real world assets Anzen Finance provides RWA-backed stablecoin infrastructure enabling users to mint USDz tokens collateralized by US Treasuries and earn yield through DeFi integration. Anzen Finance operates stablecoin infrastructure backed by Real World Assets, allowing users to mint USDz tokens collateralized by tokenized US Treasuries. The protocol offers sUSDz, an ERC-4626 yield-bearing receipt token that accrues value as USDz is lent across DeFi protocols. - Type: Company - Sector: Finance - Status: Active - Founded: 2021-12-01 - Profile: https://thegrid.id/profiles/anzen_finance ## Products - [Anzen Protocol](https://thegrid.id/profiles/anzen_finance): Decentralized stablecoin protocol enabling users to mint USDz tokens collateralized by tokenized US Treasuries, with sUSDz yield-bearing receipts that earn returns through DeFi lending across multiple blockchain networks. (RWA Tokenisation Platform, Live, Main Product) ## Assets - [USDz (USDz)](https://thegrid.id/profiles/anzen_finance): USDz is a USD-pegged stablecoin issued by Anzen Protocol. It is used for payments, as collateral in DeFi lending markets, and for liquidity provision across multiple blockchains. Unlike fiat stablecoins, it is backed by a diversified portfolio of tokenized private credit assets, specifically over-collateralized asset-backed securities that generate yield for holders who stake their tokens. (Stablecoin) - [sUSDz (sUSDz)](https://thegrid.id/profiles/anzen_finance): sUSDz is a yield-bearing vault token representing staked USDz in Anzen Protocol. It is used to earn returns from the protocol's private credit portfolio, with value accruing through an increasing exchange rate rather than rebasing. The token follows the ERC-4626 standard, allowing its price to increase over time to reflect accumulated staking rewards while holders maintain exposure to institutional-grade asset-backed securities. (Vault Tokens) - [ANZ (ANZ)](https://thegrid.id/profiles/anzen_finance): ANZ is the governance token of Anzen Protocol. It is used to vote on the allocation of rewards across liquidity pools and protocol gauges when locked for veANZ. Holders vote on gauges that receive both RWA yield from USDz rewards and ANZ incentive tokens, directing where protocol revenue and emissions flow within the ecosystem. (Governance) - [veANZ (veANZ)](https://thegrid.id/profiles/anzen_finance): veANZ is the vote-escrowed governance token of Anzen Finance, obtained by locking ANZ tokens. It is used to vote on reward distribution across liquidity pools and gauges, and to access protocol revenue sharing and quarterly no-slippage buyback queues. The vote-escrowed model incentivizes long-term commitment by granting holders greater influence over the allocation of RWA yield and ANZ emissions within the USDz ecosystem. (Governance) ## Links - [Main](https://anzen.finance) - [Documentation](https://docs.anzen.finance) - [Blog](https://anzen.finance/blog) - [Terms of Service](https://anzen.finance/terms) - [Media Kit/branding](https://docs.anzen.finance/developer-resources/media-kit) - [Twitter / X](https://x.com/anzenfinance) - [Discord](https://discord.com/invite/anzen) - [Telegram](https://t.me/AnzenCommunity) - [GitHub](https://github.com/Anzen-Finance) - [Medium](https://medium.com/anzenfinance) ## Legal This data is provided under two licensing models. Model 1 - open data. The open data core is licensed under the Open Database License (ODbL) — a copyleft/share-alike license allowing free use, modification, and sharing for any purpose. Attribution is required: include "Powered by The Grid" linking to https://thegrid.id wherever the data is used. Derivative databases must be shared under ODbL terms. Trademarks, logos, and brand names (marked "Special TPIP") are not covered by the ODbL. For ML/AI use: training datasets that substantially extract ODbL data are Derivative Databases and must be shared under ODbL if publicly used; models must be attributed in documentation. Model 2 - commercial licenses. The Grid Data Service (TGDS) is also available as a commercial license. See [Web Services Terms](https://about.thegrid.id/legal/web-services-terms) for commercial use that is not covered by the open data service. The following applies to both licensing models. - All data is provided AS IS with no guarantees of accuracy. - The Grid does not provide investment, legal, or tax advice, and - a project's presence in The Grid's data does not imply endorsement. - [Data Licensing & Disclaimers](https://about.thegrid.id/legal/data-licensing-and-disclaimers): Licensing models and disclaimers - [Open Data (ODbL)](https://about.thegrid.id/legal/open-data): Open Database License terms and scope for The Grid's open data service. - [Attribution Guidelines](https://about.thegrid.id/legal/open-data-attribution-guidelines): How to attribute The Grid's data when using the open data service. - [Web Services Terms](https://about.thegrid.id/legal/web-services-terms): commercial Terms for using data services. - [All Legal Documents](https://about.thegrid.id/legal): Full index of terms, policies, and disclosures ## Optional - [TGS Field Descriptions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-field-descriptions.md): Schema field definitions for The Grid's data model - [TGS JSON Structure](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-json-structure.md): Data model structure and relationships - [Product Type Definitions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-definitions.md): Definitions for each product type - [Product Type Classification](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-classification.md): Guide for classifying products into types - [Grid MCP Guide](https://github.com/The-Grid-Data/workspace-public/blob/main/grid-search/skills/grid-query/references/grid-mcp-guide.md): How to query The Grid programmatically via MCP