USDtez (Symbol: USDtz or USDTZ) is a dual-collateralized (FIAT and Tezos) stablecoin based on a fungible Tezos token standard — pegging a formally-verified measure of 1-to-1 parity between the Tez (XTZ) and the United States Dollar (USD); providing an algorithmically balanced, solvent, and scalable, source of liquidity that is the ideal solution for Tezos-based asset trading.Start Using USDtez
Stable and scalable liquidity available for individuals, exchanges, marketplaces and other institutions.
Other stablecoins charge stability fees to maintain price-balance, This is ultimately charging the user for a resource that should be valued higher and is otherwise 'duty-free' (when in FIAT form).
"Stability fees" are not a burden for FIAT money and they shouldn't be a burden for stablecoins either.
Formally-verified true price calculations demonstrated on chain, protecting USDtez from manipulations and 'oracle attacks' that users of other stablecoins ultimately must endure. The balance between shifts in supply and demand of USDtez, including the size, and determination for minting and scaling of new USDtez is based on autonomously executed algorithmic response to formally-verified measures of real-world market data.
USDtez is working with crypto exchanges and wallets, including upcoming Tezos decentralized exchanges to bring USDtez liquidity to their users. If you'd like to list USDtez on your exchange, or if you'd like to learn how to birng it to your favorite exchange, visit the listing link.