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...
Is AZND safe?
Pharos does not assess AZND as safe: it holds a D Safety Score grade (49/100) in the latest published rating, which flags significant structural risk. Static metadata says Mu Digital AZND uses a Centralized (CeFi) governance model and Real-World Asset Backed backing, with curated reserve profile; the main caveat is that no direct freeze-control signal is recorded. Treat the live peg, liquidity, reserve, dependency, and Safety Score sections below as the current risk read.
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. The N/A overall grade...
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
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 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...
Is AZND safe?
Pharos does not assess AZND as safe: it holds a D Safety Score grade (49/100) in the latest published rating, which flags significant structural risk. Static metadata says Mu Digital AZND uses a Centralized (CeFi) governance model and Real-World Asset Backed backing, with curated reserve profile; the main caveat is that no direct freeze-control signal is recorded. Treat the live peg, liquidity, reserve, dependency, and Safety Score sections below as the current risk read.
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... 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. Live freeze and blacklist events for AZND, when applicable, appear in the dossier below.
