Minting USDtz: a step-by-step guide

Kevin Mehrabi
USD Tez (USDtz)
Published in
2 min readMay 22, 2020

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For qualifying Minters of USD Tez (USDtz) | Tezos Stablecoin

How easy is it to mint USDtz?

Preparation

  • Tezos FA-1.2 compatible wallet. You can see a list of these wallets here: https://usdtz.com/minting.html
  • Ethereum wallet (not from an exchange). You can see a list of these wallets here https://www.centre.io/usdc#wallets
  • Some amount of USDC in your Ethereum wallet. (How much? The minimum collateral deposit is $100, but you may deposit as much USDC as you need for the amount of USDtz you would like to mint; a 1:1 basis)

Instructions

1. Minting Portal Registration

Go to https://mint.usdtz.com and register your email and password.

2. Login and Provide Information

Follow the on-screen steps and provide the requested information to show that you qualify to be a minter. You will also provide the public key for your Tezos wallet — the one that will receive and hold the USDtz. From there will be a review period for your security and the security of all participants.

3. Deposit Collateral

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Kevin Mehrabi
USD Tez (USDtz)

Founder @ StableTech, building DeFi projects on Tezos blockchain #Tezos