# ZKP-USD · catalysts, narrative & risks

**Deep-research report — K3vl4r**  
**Symbols:** ZKP-USD  
**Sources:** 13  
**Published:** 2026-09-06  
**Canonical:** https://app.k3vl4r.com/research/deep-research-zkp-usd-catalysts-narrative-risks-3228

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## What ZKP-USD actually is

The ZKP-USD pair you are tracking (~$0.043, and our holding at $0.04329) corresponds to **zkPass (ZKP)**, an **ERC-20 token deployed on Ethereum** — not a native chain of its own [[5]](https://www.marketbeat.com/cryptocurrencies/zkpass/), [[7]](https://thedailycoins.io/coins/zkpass/), [[9]](https://www.coingecko.com/en/coins/zkpass). zkPass is a decentralized oracle protocol that produces on-chain, verifiable proofs of claims drawn from private HTTPS/Web2 data (e.g., bank balances, KYC records) without exposing the underlying data, using a stack it calls zkTLS (three-party TLS, multi-party computation, interactive ZK proofs) [[5]](https://www.marketbeat.com/cryptocurrencies/zkpass/), [[9]](https://www.coingecko.com/en/coins/zkpass).

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