AUSD Stablecoin: What It Is, How It Works, and Why It Matters
When you hear AUSD, a stablecoin pegged to the U.S. dollar but backed by private credit loans instead of cash reserves. Also known as Anzen Finance USD, it’s one of the first stablecoins built to turn real-world debt into on-chain assets. Unlike USDC or USDT, which sit in bank accounts, AUSD gets its value from loans made to small businesses — loans that actually earn interest. That’s why holders can earn up to 16% APY just by holding it, while traditional stablecoins pay nothing.
This isn’t just another crypto gimmick. AUSD is part of a bigger shift called RWA stablecoin, tokens backed by real-world assets like real estate, invoices, or loans. These aren’t speculative tokens — they’re financial instruments built on blockchain. Projects like Anzen Finance are trying to bring the $10 trillion private credit market into DeFi, where anyone can lend or borrow without banks. But it’s risky. If those loans default, AUSD’s value could dip. And unlike regulated stablecoins, there’s no government oversight or audit transparency.
That’s why AUSD sits right between innovation and danger. It’s not for everyone. If you’re looking for a safe place to hold dollars, stick with USDC. But if you understand DeFi and want higher yields, AUSD gives you direct exposure to real economic activity — not just speculation. You’re not just holding a coin; you’re lending to small businesses through smart contracts.
Below, you’ll find real breakdowns of similar tokens like USDZ, which works the same way, and deep dives into how RWA stablecoins compare to the big names. You’ll also see what happens when these projects fail — and why some, like BNU or BABYDENG, never stood a chance. This isn’t about hype. It’s about understanding what’s real, what’s risky, and what actually moves money in 2025.
