$pUSD Overview

$pUSD is ZkStable’s privacy-preserving stablecoin — a USD-pegged asset backed by overcollateralized ZEC reserves, verified through zero-knowledge proofs.

🧠 Core Principles

• 1:1 Peg — Maintained algorithmically via the overcollateralization ratio.

• ZK-Proof-of-Reserve — Verifies collateral without revealing wallet balances.

• Cross-Chain Liquidity — Native support on BNB, Ethereum, and Zcash.

⚙️ Minting Process

1. Deposit ZEC (or supported assets) into ZkStable vaults.

2. Protocol verifies proof of deposit via zk-SNARKs.

3. Receive $pUSD minted at a 170% collateral ratio (default).

Example API Call:

POST /v1/mint
{
  "amount": "100",
  "collateral": "ZEC",
  "recipient": "0xYourWallet"
}