I had the issue on M1 Mac and solved it. Open Rosetta Terminal and run USD.command and usdzconvert in Applications/usdpython folder.
Locate the Terminal application within the Utilities folder (Finder Go menu Utilities)
Select Terminal.app and right-click on it, then choose “Duplicate”
Rename the duplicated Terminal app something obvious and distinct, like ‘Rosetta Terminal’
Now select the freshly renamed ‘Rosetta Terminal’ app and right-click and choose “Get Info” (or hit Command+i)
Check the box for “Open using Rosetta”, then close the Get Info window
Run the “Rosetta Terminal”
Topic:
App & System Services
SubTopic:
Core OS
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