Mu Digital AZND (AZND) stablecoin analytics
AZND is Mu Digital's KYC-gated, NAV-bearing dollar token backed by a Singapore-regulated Asia credit fund, with a muBOND junior tranche absorbing first losses.
Static Profile
Static stablecoin profile
Mu Digital AZND (AZND) static profile: governance model Centralized (CeFi); backing model Real-World Asset Backed; peg US Dollar.
AI summary / Updated Jun 3, 2026
AZND is Mu Digital's KYC-gated, NAV-bearing dollar token backed by a Singapore-regulated Asia credit fund, with a muBOND junior tranche absorbing first losses — structured credit dressed as a stablecoin. Mu Digital's AZND wraps an Asian credit fund into a yield-bearing...
AI summary · drafted by claude-opus-4-8 · reviewed by @TokenBrice on Jun 3, 2026 · facts as of Jun 3, 2026
- Collateral
- Accountable currently shows the Asset Pool concentrated in short-term cash and liquid bonds; Mu Digital's published mandate still targets an Asia credit portfolio with illiquid private credit capped at 20%, and the muBOND junior tranche overcollateralizes AZND at ~118%
- Peg Mechanism
- KYC-gated 1:1 mint using USDC, USDT, or AUSD; redemptions processed weekly (~7 calendar days) per Singapore fund liquidity calendar; muBOND junior tranche absorbs NAV losses first; insurance fund provides additional backstop; permissionless secondary swaps via DEX partners on Monad
- Jurisdiction
- Singapore / Monetary Authority of Singapore (MAS) / Portfolio managed by Golden Hill Asset Management (GHAM) under MAS Capital Markets Services Licence CMS-101035; assets held in a regulated fund vehicle
- Proof Of Reserves
- Real-Time PoR by Accountable Reserve source
Snippet Answer
Is AZND safe?
Pharos does not mark AZND as absolutely safe. Static metadata says Mu Digital AZND uses a Centralized (CeFi) governance model and Real-World Asset Backed backing, with Real-Time PoR from Accountable; the main caveat is that issuer or admin freeze controls are recorded. Treat the live peg, liquidity, reserve, dependency, and Safety Score sections below as the current risk read.
Next Actions
Exact bot target: /subscribe dews,depeg,safety aznd-mu-digital
Source: checked-in StablecoinMeta profile fields. Live price, supply, reserve, liquidity, event, and safety data load in the interactive dossier below; the summary above was last updated Jun 3, 2026.
AZND quick answers
What is Mu Digital AZND (AZND)?
AZND is Mu Digital's KYC-gated, NAV-bearing dollar token backed by a Singapore-regulated Asia credit fund, with a muBOND junior tranche absorbing first losses. The static profile records its US Dollar peg mechanism as: KYC-gated 1:1 mint using USDC, USDT, or AUSD; redemptions processed weekly (~7 calendar days) per Singapore fund liquidity calendar; muBOND junior tranche absorbs NAV losses first; insurance fund provides additional backstop...
What backs AZND?
Pharos classifies AZND backing as Real-World Asset Backed. Collateral, per the static profile: Accountable currently shows the Asset Pool concentrated in short-term cash and liquid bonds; Mu Digital's published mandate still targets an Asia credit portfolio with illiquid private credit capped at 20%, and the muBOND junior tranche... Reserve evidence: Real-Time PoR from Accountable.
Can AZND be frozen or blacklisted?
Based on tracked contract metadata and blacklist coverage, issuer or admin freeze controls are recorded. Live freeze and blacklist events for AZND, when applicable, appear in the dossier below.