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USD Tez

Curated by Signal

Fiat-backed stablecoin enhancing liquidity for Tezos trading ecosystem.

Overview

USD Tez operates as a fiat-backed stablecoin on the Tezos blockchain, aimed at facilitating liquidity for trading and commerce within the Tezos ecosystem. Its offerings include liquidity provision, trading, minting, and the capability to buy and sell using credit or debit cards. The intended audience consists of individuals and businesses within the Tezos community that require on-chain liquidity or wish to interact with smart contract applications. By fulfilling the demand for a stablecoin on the Tezos blockchain, USD Tez seeks to improve the trading experience while promoting scalability and solvency. The platform claims advantages such as being the first stablecoin on Tezos, low transaction fees, and a fully backed collateral reserve, along with regular audits to support transparency.

Key facts

Founded
2019

Business model

Contact

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About USD Tez

What does USD Tez do?

USD Tez operates as a fiat-backed stablecoin on the Tezos blockchain, aimed at facilitating liquidity for trading and commerce within the Tezos ecosystem.

Where is USD Tez headquartered?

USD Tez is headquartered in Los Angeles, United States.

When was USD Tez founded?

USD Tez was founded in 2019.

Which sector is USD Tez in?

USD Tez operates in Decentralized Finance, part of Financial Technology.

Who are USD Tez's competitors?

Companies similar to USD Tez include Tether, TrueUSD, and Alchemint.