USDT.x
The ZENX stablecoin. Buy it for $1 of USDT or USDC, sell it back for $1 whenever you like. Every USDT.x in circulation was paid for, and the dollars stay in the vault.
- In circulation
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- Dollars in the vault
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- Ready to buy (float)
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- On ZENX chain
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- Bank vault (not in circulation)
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Reading the vault…
You get—
Paid for, one by one
The only way USDT.x leaves the vault is someone paying $1 for it. Nobody holds free tokens to dump, so pools can’t be drained.
Sell back any time
The vault always buys USDT.x back for $1. If a pool somewhere trades lower, traders buy there and sell here, which pulls the price back to $1.
Supply is fixed
33.33 billion were created once. 1 billion sit in the exchange vault, the rest in the bank vault, which can only refill the exchange or pay out after a public seven-day notice.