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Pharos

Tezos Stablecoins: USDT, UUSD, and VNXAU, Supply & Risk

Stablecoin supply, Chain Health and tracked deployments on Tezos.

Chain Health methodology 1.7 · Version history →

About the Tezos registry cohort

Tezos has 4 tracked deployments across 4 stablecoins in the checked-in Pharos registry. The mapped set includes Tether (USDT), Youves uUSD (UUSD), and VNX Gold (VNXAU). Each of the 4 stablecoins has one mapped contract on the network.

The Tezos cohort's peg mix is US Dollar (2), Gold (1), and Swiss Franc (1); its backing mix is RWA (3) and Crypto (1); and its governance mix is CeFi (3) and CeFi-Dep (1). These counts classify stablecoins rather than contracts, so an asset with multiple deployments is not double-counted.

Current supply ordering, global market share, and largest-asset concentration for Tezos come from the coordinated live snapshots below. Keeping those volatile values in the live profile lets this static overview identify the exact registry cohort without presenting a build-time concentration figure as current.

Total supply

Global share

24h

7d

30d

Chain health score

Quality (30%)—
Environment (20%)—
Concentration (20%)—
Peg Stability (20%)—
Backing Diversity (10%)—
Methodology v1.7View methodologyVersion history →

Next check

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Taxonomy pages represented by the stablecoins deployed on this chain.

Stablecoin Research Surfaces

Use these feature pages to compare the same stablecoin set from other angles.