USDZ
USDZ is a dollar stablecoin on 0G. M0 issues it. Each USDZ is backed one-for-one by PYUSDx, PayPal's PYUSD on 0G, which the USDZ contract holds. comfy does not issue USDZ and does not hold yours.
Use it on comfy#
- Trade USDZ on its own page, against 0G.
- Pay or receive in USDZ. Where a token's desk offers it, switch the currency beside 0G to USDZ. A buy spends USDZ and a sell pays it out, in one transaction through 0G.
- Add liquidity to the USDZ / 0G pool from pools. See Pools.
- See your USDZ in your portfolio and the account menu.
Get USDZ#
- Buy it with 0G on its page here.
- Or swap into it on 0G's Hub, for example from USDC on Ethereum. The Hub's own fees and minimums apply.
Before you use it#
- It can trade away from $1. In a pool, USDZ's price is set by trades, like any token's.
- The issuer can pause and freeze. USDZ's issuer can pause every USDZ transfer, which also stops trades and pool withdrawals in USDZ, and can freeze an address.
- No yield to holders. Holding USDZ earns nothing. Yield on the backing goes to the issuer's recipient, not to holders.
Read Risks and the terms of use before you trade.
