Tezos to Pax Dollar correlation
XTZ and USDP are not correlated to each other as XTZ’s value depends on the supply and demand. Whereas, USDP is a stable coin which is backed by traditional fiats like the dollar and the euro. USDP’s value remains the same, which is $1 regardless of the market conditions. Hence, XTZ and USDP do not share a strong relationship.
XTZ Price Change and Market Cap
Currently, XTZ price is 0$ and the 24-hour change is 0.00%. The market cap of Tezos today is $0 with a total of 0 XTZ in circulation. In the past 24 hours, XTZ price peaked at 0$ and the lowest price was 0$.
Tezos price prediction
Tezos is one of the few cryptocurrencies which created a buzz in its early days. In 2017, XTZ had one of the biggest ICOs ever and bagged over $200 Million from the investors. Tezos price saw many ups and downs in 2020, Tezos price at the beginning of the year was just above a dollar. XTZ price took off over the next 45 days and reached a peak of $3.78 on February 20. With COVID-19 and economic unrest, Tezos price fluctuated dramatically and by the end of June, XTZ price was around $2.61.
Analyses show that by 2025 Tezos price is expected to grow further and is likely to be traded in double digits in the range of $14 to $20. This is very much plausible in the event of more Dapps and developments in the network. We have also heard that by 2030 Tezos price will be over a grand, sounds too good to be true and too early to predict.
Tezos Wallets
Looking for a wallet?
We handpicked some of the best for you. In Trezor, Coolwallet S, and Exodus you can store Tezos, track live XTZ prices and also swap it through ChangeHero without leaving your wallet application.
XTZ to USDP exchange margin
The closing conversion rate for XTZ to USDP yesterday was {{LAST}}. Considering today’s exchange rate, a transaction of 1 XTZ to USDP would result in an output of 0$.
How to convert Tezos to Pax Dollar
Tezos and Pax Dollar comparison
Pax Dollar belongs to a new domain of cryptocurrencies called stablecoins. Every USDP token is backed by the US Dollar at a 1:1 ratio which keeps its value equal to $1 regardless of the market conditions. The firm behind Pax Dollar publishes real-time data about the escrow accounts holding USD.
Tezos, on the other hand, is relatively a new cryptocurrency developed by the duo Arthur Breitman, Kathleen Breitman and launched it through an ICO in 2017. Tezos aims to deliver a true digital commonwealth on Blockchain and was coded from scratch. The key focus of the project is on smart contracts and dApps. Besides, Tezos is a self-amended blockchain and uses the Liquid Proof-of-Stake mechanism, the process of staking is called Baking. Tez is the native token of the Tezos platform and trades with the ticker XTZ.
What is Tezos?
Tezos is a decentralized blockchain for building Dapps and smart contracts. Tezos is initiated by the husband and wife duo Arthur Breitman and Kathleen Breitman in 2014. It took over three years for the project to have an ICO, but the wait is worth as Tezos raised $232 million, making it one of the biggest ICOs ever. At a first glance, Tezos appears to be similar to Ethereum but you may be mistaken. if you believe so. Tezos has several distinctive features such as Self-amendment, On-chain governance and Baking (Staking Tezos) that sets it apart from the rest.
Tezos is coded from scratch and did not adopt any code from other blockchains. Tez is the native cryptocurrency of the network and goes with the ticker XTZ. Tezos uses Liquid Proof-of-Stake consensus algorithm and the process of staking is called as Baking. On-chain governance is employed to avoid any forks in the chain and developers can submit proposals to update the chain in which stakeholders vote to decide. With zk-SNARKS and Tendermint in the roadmap, the future of Tezos looks promising.
Tezos to Pax Dollar price details
XTZ to USDP Conversion Rate and Price
At the moment, the conversion rate for 1 XTZ equals to 0$. The 24-hour highest price of Tezos in relation to USDP was 0$ and the lowest was 0$. In short, XTZ price in relation to USDP changed by 0.00%.
Instantly Exchange XTZ to USDP
On ChangeHero you can instantly exchange Tezos to Pax Dollar without registrations. You can easily convert XTZ to USDP in a few clicks without worrying about the rates and fees. ChangeHero offers both Best Rate and Fixed Rate for your XTZ to USDP exchange.
XTZ to USDP Best Rate Exchange
In the the Best Rate exchange of Tezos to Pax Dollar, we search through various exchanges for the XTZ to USDP pair and find the best rate available in the market. We provide you with an estimation of the amount of USDP you will receive.
As soon as you accept the terms and the XTZ is deposited, the exchange will be automatically processed. We remind you that the final amount of USDP you receive may vary slightly due to the volatility in the price of the cryptocurrencies which affects the conversion rate of XTZ to USDP.
XTZ to USDP Fixed Rate Conversion
In the the Fixed Rate exchange of Tezos to Pax Dollar, ChangeHero finds a good rate for the pair XTZ to USDP and fix the rate for up to 15 minutes. In the Best Rate exchange of XTZ to USDP, you will receive the exact amount of USDP which was shown in the estimate.
ChangeHero is a non-custodial service and never holds your cryptocurrency. As soon as the exchange is completed, we send your assets to the specified USDP address. ChangeHero is the best place to exchange XTZ to USDP fast and safe at the best rates.
Frequently asked questions
How long does it take to convert XTZ to USDP?
Usually, it takes around 15 minutes but the time may vary depending on how busy the network is.
Do I need an account to exchange XTZ to USDP?
No, you do not require an account to swap XTZ to USDP on ChangeHero. There will be no registrations for your Tezos to Pax Dollar transaction.
Do I need to go through KYC procedures for XTZ to USDP exchange?
There will be no KYC for the XTZ to USDP exchange. However, if our threat detection system raises the alarm then we ask you to complete a simple verification procedure which takes a few minutes.
Can I exchange USDP to XTZ?
Yes, you can instantly exchange USDP to XTZ on ChangeHero.