Digital Banking Platform for Gamers Zytara Launches ZUSD Stablecoin in Partnership with Prime Trust

Digital Banking Platform for Gamers Zytara Launches ZUSD Stablecoin in Partnership with Prime Trust

Fintech company Zytara has announced plans to launch its stablecoin, the Zytara dollar (ZUSD), in partnership with Prime Trust.  Prime Trust is a Nevada-chartered trust company that will also function as the regulated administrator for ZUSD.  With this move, Zytara makes a bold step into the rapidly expanding stablecoin market. This news comes shortly after Zytara’s emergence from stealth mode, and the announcement of their plans to launch a first-of-its-kind digital banking platform and payment network for Millennials, Gen Z gamers, and esports enthusiasts.

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All asset custody, funds processing, convertible virtual currency administration, trustee and fiduciary services are provided by Prime Trust, a Nevada chartered financial institution and licensed trust company. Digital assets are held in secure cold storage and USD funds are held in FDIC-insured bank accounts by Prime Trust. Zytara Capital is not a licensed financial institution and Zytara Capital does not manage nor take custody of client funds. Prime Trust neither endorses nor guarantees any of the information, recommendations, optional programs, products, or services advertised, offered by, or made available through the external website (“Products and Services”) and disclaims any liability for any failure of the Products and Services.