Anzens
Anzens Inc. issues USDA, a fully USD-backed stablecoin on the Cardano blockchain, serving businesses, Web3 participants, individuals, and frontier markets via partnerships with EMURGO, Encryptus, and BitGo Trust.
- Company typePrivate
- Founded-
- HeadquartersWildwood, United States
- Headcount1–10
- GTM typeB2B and B2C
- OfferingSoftware
What Anzens does
Anzens Inc. is a Delaware-incorporated stablecoin issuer headquartered in Wildwood, Missouri, that issues USDA — a fully-backed USD-pegged stablecoin built on the Cardano blockchain. The company serves four customer segments: businesses and institutions seeking efficient cross-border payment and settlement rails, Web3 participants who interact with USDA in a permissionless manner without KYC on Cardano DEXs, individuals seeking low-cost stablecoin access, and frontier market users in Africa, the Middle East, Asia, and LATAM underserved by traditional banking infrastructure. USDA is designed for cross-blockchain interoperability and is backed by dollars, dollar equivalents, and US government treasuries with a 1:1 peg.
Anzens firmographics
Firmographics- Name
- Anzens
- Legal name
- Anzens Inc.
- Website
- https://anzens.com
- Company type
- Private
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Anzens Inc. issues USDA, a fully USD-backed stablecoin on the Cardano blockchain, serving businesses, Web3 participants, individuals, and frontier markets via partnerships with EMURGO, Encryptus, and BitGo Trust.
- Ownership category
- akta.pro rank
Anzens industry classification
Industry- Product category
- Stablecoin / Digital Currency
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)
- SIC
- Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Finance Services (6199)
- akta.pro primary industry
- Stablecoin Issuers (Fiat-Backed) (FSADADAA)
- akta.pro secondary industries
- Mint/Redeem, Issuance APIs & Treasury Operations Platforms (FSADADAE), Stablecoin Payment Rails & Settlement Networks (Issuer-Led) (FSADADAF), Enterprise Payments & Tokenized Money (stablecoins, tokenized deposits, CBDC rails) (FSAPAIAJ), On/Off-Ramps & Fiat Liquidity Providers for Stablecoins (FSADADAG), Compliance, Attestations, Proof-of-Reserves & Reporting (Stablecoins) (FSADADAI)
Keywords
Where Anzens is headquartered
LocationHeadquarters
- HQ city
- Wildwood
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Anzens business model
Business model- GTM type
- B2B and B2C
- Offering type
- Software
- Cost components
- Technology or R&D, Operations, Infrastructure, Marketing or Sales, Personnel
Revenue model
- Minting and Burning Fees: Fees charged for minting USDA (minimum 4 ADA or equivalent in USD) and burning USDA (gas fee applies). These are per-transaction fees collected when users convert between fiat/crypto and USDA.
- Wire Transfer Fees: Fees for USD domestic wire ($30) and international wire ($70) withdrawals. Deposit minimum is $1000 with no fee. These fees are charged per transaction for fiat movement.
- Custody and Service Fees: Users may incur custody fees, ACH fees, and third-party partner fees when accessing the platform through BitGo Trust accounts.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | USDA Minting |
| Transaction based/ take rate | Pay-as-you-go | USDA Burning |
| Transaction based/ take rate | Pay-as-you-go | USD Deposit |
| Transaction based/ take rate | Pay-as-you-go | US Domestic Wire |
| Transaction based/ take rate | Pay-as-you-go | International Wire |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels4 records
Anzens product offering
Product offeringCore offering
Anzens issues USDA, a fully reserve-backed USD stablecoin built on the Cardano blockchain, with 100% of circulating tokens backed by dollars and dollar equivalents such as US government treasuries. The platform enables individuals and businesses to mint, burn, buy, sell, send, receive, and convert USDA, with fiat on/off ramps across 80+ countries and integrations with Cardano DEXs, centralized exchanges, and bank wire rails.
Product overview
Anzens is a Cardano-based stablecoin platform offering USDA, a USD-pegged stablecoin backed 100% by reserves. The platform provides Individual and Business account types, enabling users to mint, burn, buy, sell, and convert USDA. USDA is designed to be interoperable across blockchains and will be available through Cardano DEXs, CEXs, and the Anzens portal. The platform integrates with BitGo Trust for custody and transaction execution, and offers fiat on/off ramp services to 80+ countries.
Differentiator
Problem solved
Functional benefit
Brands
- USDA: USDA is a fully backed Cardano stablecoin designed for global money, pegged to the U.S. Dollar with 100% reserves backed by dollars and dollar equivalents such as US government treasuries.
Products and services
- USDA Stablecoin A USD-pegged stablecoin built on the Cardano blockchain, fully backed 1:1 by US dollar reserves including cash, cash equivalents, US Treasury Bills, and US Treasury-focused money market funds. Designed for global transactions with lower costs and 24/7 settlement versus traditional rails.
- Individual Account An account type designed for individuals who want an easy and low-cost way to create and use the USDA stablecoin, with KYC verification for direct minting and burning.
- Business Account An account type designed for companies that want an efficient and secure way to create and use the USDA stablecoin, with KYB verification for direct minting and burning and partnership options for liquidity providers, OTC desks, and NEO banks.
- On/Off Ramp Services Services enabling users to buy and sell USDA with major fiat currencies and to convert to other supported cryptocurrencies. Off-ramping capabilities are available in 80+ countries including bank account settlement, gift cards, mobile minutes, and mobile wallet top-ups.
Companies that use Anzens
Customer profileSegments4 records
Ideal customer profiles3 records
Anzens technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration4 records
Feature1 record
Anzens partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered core.
- EMURGOcoreEMURGO is a global blockchain pioneer and one of the founding members of the Cardano network. They provide the technology infrastructure for Anzens and Encryptus, bringing experienced teams and industry knowledge to deliver USDA on the Anzens platform.
- EncryptuscoreEncryptus provides stablecoin services and liquidity rails throughout Africa, the Middle East, Asia, and LATAM. They are upgrading their licenses in the UAE under VARA as a 'Broker Dealer' and are in final stages of formal licensing as a Virtual Asset Service Provider (VASP) in the UAE. They operate as an institutional-grade trading desk supporting Anzens.
- BitGo Trust Company, Inc.coreBitGo Trust provides custody services and account infrastructure required to access USDA. Users must open a BitGo Trust account to use certain portions of the Anzens platform. BitGo Prime LLC and BitGo, Inc. also process user data and provide related services.
- Sum and Substance (Sum-Sub)coreSum-Sub provides identity verification and KYC/KYB processing services for Anzens users, handling government-issued ID verification, PEP screening, sanctions screening, and adverse media checks.
Scale indicators3 records
Recent moves6 records
Expansion highlights5 records
Anzens competitors and assessment
Company assessmentDirect peers
- Ripple (RLUSD): Ripple launched RLUSD, a USD stablecoin focused on enterprise payments and cross-border settlement on the XRP Ledger. Comparable to Anzens' USDA in targeting regulated institutional and B2B payment use cases.
- Paxos: Paxos issues USDP and is the infrastructure behind PayPal's PYUSD and Binance's BUSD. Direct peer - regulated fiat-backed stablecoin issuer with enterprise and institutional focus similar to Anzens.
- TrueUSD (TrueFi): TrueUSD is a fully USD-backed stablecoin with attestation and KYC frameworks. Direct competitor in the regulated fiat-backed stablecoin category serving Web3 and enterprise users.
- Circle: Circle issues USDC, the leading US-regulated, fiat-backed stablecoin. Direct peer to Anzens - both are fiat-backed stablecoin issuers targeting enterprise and Web3 users with KYC-based minting/redeeming.
- Sky (formerly MakerDAO): Sky/MakerDAO issues DAI and USDS, crypto-backed and RWA-collateralized stablecoins. Peer to USDA as a major USD-pegged stablecoin, though operating via decentralized governance rather than a centralized issuer model.
- PayPal (PYUSD): PayPal's PYUSD is a regulated USD stablecoin issued by Paxos, targeting payments and merchant settlement. Comparable to USDA in its emphasis on compliant fiat-backed issuance and B2B/payments use cases.
- Tether: Tether issues USDT, the largest stablecoin by circulation. Competes with Anzens in the same fiat-backed stablecoin category, with comparable mint/redeem mechanics and global remittance use cases, though with different reserve composition and regulatory posture.
Broad incumbents
- Coinbase: Coinbase operates one of the largest US-regulated crypto exchanges and launched its own USDC-related products. Broad incumbent that competes with Anzens across exchange listings, custody, and stablecoin distribution.
Others
- BitGo: BitGo provides institutional custody, prime brokerage, and stablecoin infrastructure. Adjacent peer - BitGo is both a partner to Anzens (custody provider) and a competitor through its own custody, trading, and stablecoin-as-a-service offerings.
Emerging players
- Ethena: Ethena issues USDe, a synthetic dollar using delta-neutral hedging strategies. Emerging peer with partial overlap - competes in the USD-pegged digital money category but with a fundamentally different backing mechanism than USDA's fiat reserves.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Anzens social profiles
Digital presenceAnzens compliance and trust
Trust signalCompliance9 records
Anzens financial estimates
Financial estimateRevenue estimate
Valuation estimate
Anzens leadership team
Management profileNumber of profiles
Anzens funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Anzens M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Anzens
What does Anzens do?
Anzens issues USDA, a fully reserve-backed USD stablecoin built on the Cardano blockchain, with 100% of circulating tokens backed by dollars and dollar equivalents such as US government treasuries. The platform enables individuals and businesses to mint, burn, buy, sell, send, receive, and convert USDA, with fiat on/off ramps across 80+ countries and integrations with Cardano DEXs, centralized exchanges, and bank wire rails.
Is Anzens a public or private company?
Anzens is a private company. It is classified as unknown and is currently operating.
When was Anzens founded?
Anzens was founded in -1. It employs 1 to 10 people.
Where is Anzens based?
Anzens is headquartered in Wildwood, United States, in the North America region.
How does Anzens make money?
Three revenue lines are on record. Minting and Burning Fees are the primary driver. The others are wire Transfer Fees and custody and Service Fees.
Who are Anzens's main competitors?
Direct peers on record are Ripple (RLUSD), Paxos, TrueUSD (TrueFi), Circle, Sky (formerly MakerDAO), PayPal (PYUSD) and Tether. Coinbase is listed as a broad incumbent. BitGo is listed as an others. Ethena is listed as an emerging player.
Does Anzens have an API?
No public API is recorded for Anzens.
What industry is Anzens in?
Anzens's product category is Stablecoin / Digital Currency. Its primary akta.pro industry code is FSADADAA, Stablecoin Issuers (Fiat-Backed), with a secondary code of FSADADAE, Mint/Redeem, Issuance APIs & Treasury Operations Platforms. Its NAICS code is 522320 and its SIC code is 6200.