
Aryze
RWA · Stablecoins & FX · ARYZE
Multi-currency RWA stablecoins and FX tokens.
Multi-currency RWA stablecoins and FX tokens.
Assets under management
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Latest data · 15 min delay
Risks identified
- Reserve / Depeg
Digital Cash is only as sound as ARYZE's full-reserve claim; there is no public, recurring third-party reserve attestation or audit report found, so backing quality (short-term government bonds) is self-reported and depeg risk is unverified.
- Counterparty
Tokens are issued by ARYZE BVI (British Virgin Islands) rather than a regulated EU bank; holders rely on that entity and its custodial banking relationships to honor 1:1 redemption.
- Regulatory
As an EU/Danish fiat-referenced stablecoin issuer, ARYZE is exposed to MiCA e-money-token requirements and EMI licensing; the company markets to 'licensed issuers' but no completed EMI/MiCA authorization was found in public sources, creating regulatory execution risk.
- Smart Contract
eEUR/eUSD/eGBP are upgradeable proxy contracts (ERC1967Proxy) whose implementation can be changed by the admin, and the cross-chain reForge/E-Assets transfer mechanism concentrates trust in ARYZE's own contracts and admin keys.
- Systemic
Very low on-chain adoption (tens of holders, ~272 eEUR supply on Ethereum) means the tokens are early-stage and illiquid, amplifying the impact of any single redemption, issuer or banking-partner failure.