Gemini Dollar (GUSD)

What Is Gemini Dollar?
GUSD coin is emitted by Gemini Trust Company founded by Winklevoss twins. It’s widely used for cryptocurrency transactions and fast & convenient fiat/crypto exchange being highly valued for scalability and reliability. Since GUSD operations and Gemini activity are regulated by American laws, this stablecoin is considered to be one of the safest crypto assets today.
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USD coin
Gemini Dollar
GUSD coin is emitted by Gemini Trust Company founded by Winklevoss twins. It’s widely used for cryptocurrency transactions and fast & convenient fiat/crypto exchange being highly valued for scalability and reliability. Since GUSD operations and Gemini activity are regulated by American laws, this stablecoin is considered to be one of the safest crypto assets today.
What Are The Gemini Dollar Advantages?
Transparency
Transparency
Gemini trust provides regular reports about GUSD-related operations, emission, transfers, turnover, etc
Legacy
Legacy
The activity of Gemini trust is regulated by American financial laws, which ensures safety of GUSD funds
Stability
Stability
GUSD price always stays close to $1, which means the token can be used for trading, long-term crypto storage, and crypto arbitrage
Backup
Backup
GUSD value is backed up by real fiat assets that are stored in State Street Corporation holding company
Availability
Availability
GUSD coin is present not only on Gemini exchange, but also on many other trading platforms, so it can be sold and swapped easily
Low fees
Low fees
GUSD coin can be exchanged for other stablecoins and cryptos without overpaying – transaction fees are minor
Gemini Dollar (GUSD) Wallets
Gemini Dollar Price (USD), 24h % Price and Volume
Gemini Dollar Price
$ 1.00
24 Hours Price
+ 0.04 %
24 Hours Volume
24 Hours Volume
$ 22 115 247
Gemini Dollar news
BlockFi is raising interest rates on bitcoin and ether
Cryptocurrency lender BlockFi revealed it will raise interest rates on Bitcoin and Ether, effective April 1
ConsenSys, EY team up with Microsoft to build an Ethereum-based protocol for enterprise use cases
ConsenSys and Ernst & Young (EY) announced the two firms are developing a new Ethereum-based protocol, dubbed Baseline Protocol, in collaboration with Microsoft.
Most large cap cryptoassets are now negative for the year
With the recent market turmoil most large cryptoassets saw their year-to-date (YTD) returns turn negative. Bitcoin is now down 15.85% while Ethereum is down 0.95%.