Gemini Dollar
Gemini Dollar is a regulated stablecoin issued by the Gemini exchange and backed 1:1 by U.S. dollars held at FDIC-insured banks. It is overseen by the NYDFS and undergoes monthly reserve attestations. GUSD is integrated into the Gemini ecosystem and some DeFi platforms. It is positioned as a transparent and regulated option, though with lower adoption compared to USDT and USDC.
Gemini Dollar | |
---|---|
Symbol | GUSD |
Type | Fiat-backed |
Collateralization Method | Cash & Treasury Reserves |
Pegged To | USD |
Issuer | Gemini |
Blockchain Support | Ethereum |
Market Cap Rank | 7 |
Reserve Transparency | High (Monthly Audits) |
Stability History | Highly Stable |
Primary Use Cases | Trading, institutional investing |
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