12.2 C
Friday, September 30, 2022
HomeCOINSUSDtez (USDTZ) Coin Complete Detailed Review

USDtez (USDTZ) Coin Complete Detailed Review


Cost Value
Trust Score
Customer Service
Ease To Use
Available At Market
Development Score

About USDtez (USDTZ)

USDtez (USDTZ) has been created and maintained by an open-source technology project, the efforts for which have been contributed by service partners to the USD Tez Project, part of the StableTez project.  These efforts are coordinated under the aegis of Stable Tech (Tezos Stable Technologies, Ltd.), which is a subsidiary of, and is governed by, The Tezos Stable coin Foundation, a non-profit, non-shareholder foundation.

USDtez (USDTZ) Since deployed to magnet in May 2020, becoming the first USD stable coin on Tezos and first FIAT stable coin on Tezos, the project has expanded, becoming the Stable coin Project (Stable Tez), which includes other stable coin assets on Tezos. You can see the full Stable Tez asset family at

USDtez (USDTZ) Basic Point Table

Coin BasicInformation
Coin NameUSDtez
Short Name (USDTZ)
Circulating Supply149,095,543.00 TRO
Max Supply597,293,370
Source CodeClick Here To View Source Code
ExplorersClick Here To View Explorers
Twitter PageClick Here To Visit Twitter Group
WhitepaperClick Here To View
Official Project WebsiteClick Here To Visit Project Website

Who Are The Founder Of USDtez (USDTZ)?


3 Main Ways of Getting USDtz


In most cases (for ‘small amounts’) you’ll get your USDtz from an exchange. This includes AMMs (Automated Market Makers) like Quipuswap, and Smartlink Vortex, as well as cross-chain bridges like TezEx (Tezos Exchange)


If you want to buy USDtz for USDC 1-1 without the slippage or liquidity limitations of exchanges, and perhaps you are seeking enough funds to provide liquidity to those exchanges, using the services of a trusted mintery may be a better path


If you don’t want to go through a Mintery, and would rather mint on your own, then you may qualify to enroll as an individual minter as a Mintery. (You may also qualify to create a Mintery yourself, especially if you are a Tezos baking service in good standing)

Features of USDtez


The USDtz model is designed to be the most scalable model for liquidity. Tezos (XTZ) trading volume has grown by a factor of over 100x since early-2019, outpacing its similarly valued network peers. and XTZ trading seems to be in a continuing upward trajectory even still. More exchanges are adding XTZ and more traders and investors are adopting it in their respective portfolios. With great demand and growing volume, comes a need for great supply. Supply in this instance is a form of on-chain liquidity.


The process of minting USDtz begins with a collateral deposit of FIAT by an enrolled USDtz minter. FIAT collateral deposits may include certain other stablecoins (those which themselves can be confidently redeemed for FIAT cash).  The USDtz reserve is audited monthly by Armanino LLP. Also, anyone in the world can audit USDtz’s reserves in real-time, by comparing the minted supply with the collateral wallet. Check the reserve page for more.

Tezos Domain Specialization

Tezos is USDtz’s core competency. Being Tezos-first and Tezos-only, USDtz advantage is its attention to Tezos evolving technology, governance, and the Tezos community. Unlike multi-chain stablecoins, USDtz’s interests need not reconciled with those of any other blockchain.  USDtz strives to be the Tezos developer-friendly choice, making use of Tezos protocol upgrades (e.g. zk-channels), advancing developer APIs, building its own governance on Tezos, and collaborating with ecosystem peer technologies for a greater ecosystem.

No Stability Fees

Many stablecoins charge stability fees or some form of that to keep the coin from under-collateralizing. Under-collateralization of a stablecoin, for however brief of a period, is what causes stablecoins to destabilize.   Since USDtz is backed with full FIAT-based solvency, and since that solvency can be audited at any time by any user (check reserve page), such concerns are not applicable to USDtz.  Therefore minters and users can hold USDtz without incurring any fees.


If you’re trading XTZ and other Tezos-tokens, accept no substitute. USDtz’s native on-chain nature makes it super gas-efficient, for the lowest fees. USDtz is written on an optimized pure-Michelson smart-contract using the upgradeable FA Tezos-token-standard rendering the quickest most network-efficient swap, expending the least amount of gas. 

Programmable Money

USDtz’s on-chain nature allows it to serve as programmable money — to support a wide-array of ecosystem applications in which remittance is executed through smart-contract-driven conditionals. These features are critical for financial instruments that depend on conditionals, such as bonds and derivatives.

Faq Of USDtez

Where I Can Find USDtez Coin Whitepaper ?

You Can Find USDtez Whitpaper By Clicking Here

Where I Can Buy/Sell USDtez

You Can Buy Or Sell USDtez On Some Popular Exchange For Example – Binance , Coinbase , Huobi Etc .

What Is Max Supply Of USDtez ?

Max Supply Of USDtez Is N/A


- Advertisement -



USDtez (USDTZ) Coin Complete Detailed Review About USDtez (USDTZ) USDtez (USDTZ) has been created and maintained by an open-source technology project, the efforts for which have been contributed by service partners to the USD Tez Project, part of the StableTez project.  These efforts are coordinated under the aegis of Stable Tech...