Mu Digital AZND (AZND) stablecoin analytics
Answer First
What is Mu Digital AZND (AZND)?
AZND is Mu Digital's KYC-gated dollar token; users lock it in the loAZND vault for Asia credit yield, with muBOND 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; permissionless secondary swaps via DEX partners on Monad
Is AZND safe?
Mu Digital AZND is a frozen Pharos archive, not a current safety endorsement. The archived static profile records a Centralized (CeFi) governance model, Real-World Asset Backed backing, curated reserve profile, and notes that no direct freeze-control signal is recorded.
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 Sep 7, 2026
AZND is Mu Digital's KYC-gated dollar token backed by a Singapore-regulated Asia credit fund, with yield routed through the loAZND vault and a muBOND junior tranche providing overcollateralization and absorbing first losses. It is structured credit dressed as a stablecoin. The last Accountable snapshot Pharos ingested showed the Asset Pool parked in short-term cash and liquid bonds, a notably more conservative posture than the published mandate that permits up to 20% illiquid private credit.
AI summary · drafted by claude-fable-5-1 · facts as of Sep 7, 2026
- Collateral
- The last Accountable snapshot Pharos ingested showed 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
- No proof-of-reserves entry in the static profile.
Next Actions
This record preserves static and historical context; live actions are available only for active assets.
Source: checked-in StablecoinMeta profile fields. This inactive record does not participate in current live monitoring; the summary above was last updated Sep 7, 2026.
AZND quick answers
What is Mu Digital AZND (AZND)?
AZND is Mu Digital's KYC-gated dollar token; users lock it in the loAZND vault for Asia credit yield, with muBOND 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; permissionless secondary swaps via DEX partners on Monad
Is AZND safe?
Mu Digital AZND is a frozen Pharos archive, not a current safety endorsement. The archived static profile records a Centralized (CeFi) governance model, Real-World Asset Backed backing, curated reserve profile, and notes that no direct freeze-control signal is recorded.
What backs AZND?
Pharos classifies AZND backing as Real-World Asset Backed. Collateral, per the static profile: The last Accountable snapshot Pharos ingested showed 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% Reserve evidence: curated reserve profile.
Can AZND be frozen or blacklisted?
Based on tracked contract metadata and blacklist coverage, no direct freeze-control signal is recorded. AZND is a frozen Pharos archive; the recorded history below is read-only.
