Baki

Stablecoin Protocol
DeFi

Established Year 2023	Operating Status Active
Ecosystem
Parent Company

Baki provides synthetic African stablecoins in a scalable manner to bring African currencies on-chain. Collateralized with USDC, Baki allows users to mint zUSD (US Dollar), zNGN (Nigerian Naira), zZAR (South African Rand) and zXAF (Central African CFA). zTokens can be swapped for one another without any slippage, providing infinite FX liquidity.

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