USDtz is a fully-backed USD stablecoin on Tezos. It's reliably the first and longest running USD stablecoin on Tezos. USDtez is audited monthly, and follows regulatory compliance standards. It has been adopted in more exchanges than any other stablecoin on Tezos.
Liquidity for Tezos trading, and yield opportunities are one thing, but FOREX trading is the next step for FIAT stablecoins. Why these 8 currencies? 85% of daily >5 trillion dollars traded on FOREX, come from just 7 pairings referred to in the FOREX industry as "the majors," comprising the following 8 currencies: US Dollar, Euro, British Pound, Japanese Yen, Canadian Dollar, Suisse Franc, New Zealand Dollar, Australian Dollar
"Wraps" are a word for Tezos-wrapped cryptocurrencies. What are they used for? Many traders in the crypto-sphere view liquidity in terms of available liquid BTC, instead of US Dollars. The 'Wraps' class of stablecoins are tokens that are pegged to the respective values of other cryptographic assets (such as Bitcoin, Ethereum, and Litecoin) instead of to global FIAT currencies. The particular cryptographic assets we will be wrapping have been chosen based on current trading volume at-large, technological me
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