Introducing KwanzaX (ZIMBO) — The Digital Kwanza Stablecoin

We proudly announce to the community the launch of the KwanzaX (ZIMBO) stablecoin, the digital Kwanza designed for internet transactions. ZIMBO is a stablecoin pegged 1:1 to the Angolan Kwanza (AOA). Initially built on the BASE blockchain by Coinbase, ZIMBO is a secure and transparent digital currency aimed at preserving the value of the Kwanza while unlocking countless opportunities for both local and international users.

Use Cases of KwanzaX (ZIMBO)

1. Remittances: ZIMBO simplifies and reduces the cost of international money transfers, offering a faster and cheaper alternative to traditional methods. This feature is especially beneficial for Angolan expatriates sending money back home or Angolans sending money abroad. With this capability, ZIMBO aims to reduce Angola’s dependency on alternative currency markets, fostering a unified financial ecosystem regulated by the National Bank of Angola.
2. Staking/Fixed-Term Deposits: Users can invest ZIMBO to earn passive income while supporting the stability and liquidity of the stablecoin ecosystem. This incentivizes retention and contributes to a healthier financial system. Details on annual staking rates and operations will be announced soon. However, ZIMBO reserves may be invested in Angolan or foreign securities, depending on profitability.
3. Internet Transactions: YETUBIT is working on solutions to enable ZIMBO to be used for online transactions by small and large businesses. ZIMBO can be seamlessly integrated into apps and websites, ensuring an improved user experience for online payments.
4. P2P Transactions: Acknowledging the challenges of peer-to-peer (P2P) transactions in Angola and across Africa, ZIMBO leverages its decentralized stablecoin design on the blockchain to enable instant transactions. This reduces waiting times for transaction confirmations, allowing transfers to be completed within seconds.
5. Lotteries, Tokens, and Gaming: ZIMBO can be easily integrated into online lottery systems and gaming platforms, enabling secure and instant transactions while fostering transparency. We encourage the use of ZIMBO in online gaming platforms. Additionally, ZIMBO will host its own lottery where users can purchase tokens/tickets and test their luck. Winners will be selected randomly via blockchain technology.

Advancing the Internationalization of the Kwanza: By digitizing Angola’s currency, ZIMBO promotes the global visibility and usability of the Kwanza. It empowers the currency to interact with global markets on decentralized exchanges (DEXs), centralized exchanges (CEXs), and peer-to-peer systems.

How to Access KwanzaX (ZIMBO)

ZIMBO na BASE Sepolia Testnet. 1000 ZIMBO = 1000 KWANZAS

Getting started with ZIMBO is simple and accessible:

• Download Coinbase Wallet: Users need a Coinbase Wallet, a self-custody wallet ensuring full control of digital assets.
• Switch to BASE Testnet Sepolia: ZIMBO is currently available on the BASE Testnet Sepolia, allowing the community to explore its potential before large-scale deployment.
• Acquire ZIMBO: At present, ZIMBO is being distributed for free on the test network. After setting up your wallet, you can obtain ZIMBO by contacting us via YETUBIT’s WhatsApp at +244 945 479 403.

What is ZIMBO’s Contract Address on the BASE Sepolia Testnet?

ZIMBO Contract Address: **0xDD55CD77de3BB434D29C973b1D6d1F5FB36ebc91**

ZIMBO — More Than a Stablecoin

ZIMBO is more than just a digital currency — it’s a bridge to modern financial solutions. By digitizing the Kwanza, this project aims to revolutionize Angola’s financial system, enabling faster, cheaper, and more accessible transactions while promoting economic and financial inclusion.

Whether for daily transactions, international remittances, or staking opportunities, ZIMBO is poised to transform how Angolans interact with money and crypto assets.

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