Anzens Expands USDA Off-Ramp Capabilities to Brazil as Part of LATAM Growth Strategy

October 20, 2025 — Anzens, the issuer of USDA, a fully reserved and regulatory-compliant stablecoin on the Cardano blockchain, today announced the launch of $USDA minting, burning, as well as off-ramp capabilities for users in Brazil. Through local fiat partners, users can now convert USDA to Brazilian reais (BRL), reinforcing USDA’s real-world utility and expanding Cardano’s reach in a key Latin American economy.

This milestone marks a significant step in Anzens’ broader strategy to bring stablecoin-powered financial infrastructure to emerging markets across Latin America. Brazil, as the region’s largest economy and a leader in digital financial innovation, is a natural starting point for enabling practical on-chain-to-off-chain settlement.

USDA: A Gateway Between On-Chain Finance and Local Economies

USDA is a Cardano-native, fiat-backed stablecoin issued by Anzens and custodied by BitGo Trust. It is designed to bring speed, transparency, and compliance to on-chain payments and decentralized finance (DeFi) on Cardano.

Key Capabilities

Regulatory Alignment: Compliant within the U.S. and supported jurisdictions, with KYC/AML verification.
Local Settlement: Convert USDA to BRL directly into Brazil-based bank accounts.
Operational Efficiency: Institutions and enterprises can move funds on-chain 24/7 and redeem locally for payroll, vendor payments, or operational costs.
Institutional Grade: USDA reserves are fully backed by cash and U.S. Treasury equivalents, with custody via qualified trust; zero fees for minting or burning (network fees apply).
Cardano-Native Liquidity: USDA is tradable across Cardano’s DeFi ecosystem, including major DEX pairs on Minswap and other protocols.
DeFi Lending and Borrowing: Earn yield with $USDA with popular lending protocols on Cardano such as Danogo, Liqwid, and Surf Finance.

“Expanding into Brazil strengthens USDA’s role as the bridge between traditional finance and Cardano DeFi,” said Shantnoo Saxena, CEO of Anzens. “We’re enabling institutions and builders to settle in a stable, dollar-denominated asset and tap into local fiat rails, without the frictions that typically plague cross-border transactions.”

Availability

USDA withdrawals to Brazil are now available for KYC-verified users. Anzens will continue expanding access across other LATAM markets in alignment with regulatory and banking partnerships.