Stablecoin Issuer · Review
ActiveNum Finance Review 2026: Stablecoins and RWA Tokens
Num Finance describes infrastructure for local-currency stablecoins and tokenized investments, aimed mainly at institutions. Its product scope is clear, but fees, network deployments and independent audit details are not.
By the DappsAtlas editorial team · Updated
DappsAtlas score
5.8/10
Mixed
Our verdict on Num Finance
5.8/10Num Finance is aimed at exchanges, fintechs, asset managers and other organizations seeking local-currency settlement or tokenized investment products. Its main strength is the combination of stablecoins and real-world-asset tokens behind an API-oriented integration model. The main caveat is that important operating details—including fees, named networks, licensing and independent audit results—are not clearly published on the site. The reported rebrand to Twin adds a reason to verify the current entity and product terms before beginning an integration.
Score breakdown
How Num Finance scores
- Security
- n/a
- Ease of use
- 5.0/10
- Fees
- n/a
- Features
- 7.0/10
Scores run from 0 to 10 and are based only on facts we could verify. Where information was missing we mark the score n/a rather than guess.
What is Num Finance?
Num Finance presents itself as onchain financial infrastructure for institutions, fintechs, exchanges and asset managers. Its two main offerings are fully backed local-currency stablecoins and tokenized investment products such as funds, ETFs, equities and sovereign bonds.
The site describes API-based issuance, redemption and settlement on EVM-compatible networks, alongside KYC/AML onboarding and reserve reporting. It does not name specific supported chains, currencies, fees or licensing jurisdictions. A rebrand announcement identifies Num Finance as Twin, while the Num Finance-branded site continues to describe these products, so organizations should confirm the current name and terms before integrating.
How Num Finance works
Num Finance presents two product groups: local-currency stablecoins and tokenized real-world assets. Its site describes stablecoins as fully backed and intended for payments, operational liquidity and settlement. The tokenized products are described as funds, ETFs, equities and sovereign bonds represented onchain.
5 features
Key features
01
Local-currency stablecoins
The site describes stablecoins pegged to local currencies for payments, operational liquidity and settlement. It lists NUMd, NUMr and NUMp as products but does not explain their currency pegs in the homepage text.
02
Tokenized investments
Num Finance says its tokenized product range includes funds, ETFs, equities and sovereign bonds. Tokens are presented as a way to represent investment exposure onchain.
03
Institutional APIs
Documented REST APIs are described for issuing, redeeming and transferring stablecoins, with webhook support. Full API documentation is available to institutional partners.
04
EVM settlement
The site says products settle on EVM-compatible networks and describes integration through APIs. It does not name supported networks or provide specific contract addresses in the homepage text.
05
Compliance tooling
Num Finance describes KYC/AML onboarding, compliance guides and reserve reporting for institutional partners. Specific licensing jurisdictions are not stated.
Pros and cons
What we like
- Covers both local-currency settlement and tokenized investment products.
- Provides an institutional API model for issuance, redemption and transfers.
- Describes KYC/AML onboarding and reserve reporting as part of its integration framework.
- Targets use cases such as payments, liquidity management and institutional settlement.
Watch out for
- Num Finance does not publish specific fees for issuing, redeeming, transferring or accessing assets.
- The site does not identify the EVM networks where its products are deployed.
- It describes reserve auditability but does not name an independent auditor or provide specific audit results on the site.
- Licensing details, supported currencies and redemption terms are not clearly specified.
- Documentation and API access are aimed at institutional partners, which may limit access for individual users.
Num Finance fees
Num Finance does not publish fees for stablecoin issuance, redemption, transfers or tokenized-asset access. Institutional partners should confirm applicable charges during onboarding and check the product terms before transacting.
Is Num Finance safe?
Num Finance describes its stablecoins as fully backed and says reserves are auditable, but the site does not name an independent auditor or publish specific audit results in the homepage text. Smart-contract deployment details and supported networks should be checked before use; onchain products carry contract risk, while reserve-backed tokens also depend on the issuer, custodians and redemption process.
The site refers to a compliance framework and KYC/AML requirements but does not state licensing jurisdictions. It also says custody and compliance are handled for integrators without detailing the custody arrangement. Confirm reserve disclosures, legal terms, redemption rights and the current operating entity before relying on the products.
5 steps
How to get started with Num Finance
- 1
Confirm whether the product is currently offered under the Num Finance or Twin name.
- 2
Contact the team to request institutional access to the documentation and APIs.
- 3
Review the onboarding, KYC/AML and compliance requirements for your organization.
- 4
Confirm supported currencies, EVM networks, reserve information, redemption terms and fees.
- 5
Integrate the relevant API or smart contracts, then test the workflow in the sandbox if access is granted.
Who Num Finance is for
Num Finance is best suited to institutions and fintech teams evaluating local-currency settlement or tokenized investment access through APIs. It is less suited to individuals looking for a self-serve wallet or a clearly documented retail product, since access to full documentation is described as partner-gated.
Num Finance FAQs
What does Num Finance do?
Num Finance says it offers fully backed stablecoins pegged to local currencies, plus tokenized funds, stocks and bonds. The products are intended for payments, settlement and investment access through institutional integrations.
How do Num Finance stablecoins work?
The site describes APIs for issuing, redeeming and transferring stablecoins, as well as accessing tokenized assets. It says settlement takes place on EVM-compatible networks, but does not name the specific networks.
What fees does Num Finance charge?
Num Finance does not publish a fee schedule on its site. Institutional partners should confirm issuance, redemption, transfer and asset-access costs during onboarding.
Are Num Finance stablecoins audited?
The site describes fully backed reserves and reserve auditability, but does not name an independent auditor or provide specific audit results. Check the reserve and audit documentation directly before relying on a product.
Is Num Finance now Twin?
A rebrand announcement identifies Num Finance as Twin, while the Num Finance-branded site still describes its stablecoin and tokenized-asset products. Confirm the current product name and onboarding arrangements before integrating.
Compare
Num Finance alternatives
Ethena USDtb is a USD stablecoin from Ethena Labs backed by tokenized treasuries, including BlackRock's BUIDL, aimed at DeFi users and institutions.
M0 is modular stablecoin infrastructure that lets businesses design, distribute and issue custom stablecoins, with about $224M TVL on Ethereum.
Agora is a US fintech issuing AUSD, a full-reserve ERC-20 dollar stablecoin for institutions, with white-label stablecoin and API services.
Flying Tulip ftUSD is a USDC and USDT-backed stablecoin that earns Aave yield, with a staked sftUSD form paying FT rewards, for DeFi yield seekers.
Ethena USDe is an Ethereum-based synthetic dollar stablecoin that aims to hold near $1 using hedged crypto collateral, for DeFi users.
Bastion provides businesses with APIs for branded stablecoin issuance, custodial wallets, transfers, and fiat on- and off-ramps.
Same category
More Stablecoin Issuers
Felix USDhl is a fiat-style stablecoin built for the Hyperliquid ecosystem, aimed at HIP-3 markets, FX and payments.
Dai is an Ethereum stablecoin designed to track the U.S. dollar, for users seeking collateral-backed onchain dollar exposure.
Usual EUR0 is a euro-pegged stablecoin on Ethereum, described as backed by EU-issued T-Bills, for users wanting on-chain euro exposure.
USDD is a TRON-linked dollar stablecoin for holders who want a USD-pegged token on TRON, BNB Chain or Ethereum.
JPYC is a stablecoin designed to track the Japanese yen at 1:1, issued on Astar Network, for readers who want a yen-denominated token on-chain.
JupUSD is a Solana-native, reserve-backed stablecoin built by Jupiter with Ethena for users seeking a token pegged to the U.S. dollar.
How we checked
Sources
No public sources were recorded for this review.
Last updated . Spotted an error? Tell us and we will correct it.