Gemini Dollar (GUSD) Price

Name: Gemini Dollar
Brand: Cryptocurrency
SKU: GUSD
Price: 0.999993 USD
Availability: InStock
Rating: 4,3 (6 reviews)

GUSD

Gemini Dollar

4,3

★

$0.999993

0.12%

Today's Current Price in US Dollar

Market cap

196,736,245.0

Total volume

444,933

Circulating supply

196,922,225

Total supply

196,922,225

Buy / Long

Sell / Short

Introducing the Gemini dollar—the premier regulated stablecoin in the world—which expertly marries the trust and stability of the U.S. dollar with the innovative potential of blockchain technology under the watchful eye of U.S. regulatory bodies.

Exchange U.S. dollars for Gemini dollars at a one-to-one rate on Gemini.
Utilize Gemini dollars across the Ethereum network.

ISSUER
The Gemini Trust Company, LLC, a trust company based in New York, is responsible for issuing the Gemini dollar.

BANK
The U.S. dollars equivalent to the circulating supply of Gemini dollars are securely stored in a U.S. bank and are eligible for FDIC "pass-through" deposit insurance, with certain restrictions applying.

EXAMINATION
An independent certified public accounting firm conducts monthly audits of the U.S. dollar deposit balances to ensure the strict one-to-one peg is maintained. Reports from these audits are openly available for perusal here.

SECURITY AUDIT
Constructed on the Ethereum Network and adhering to the ERC20 token guidelines, the Gemini dollar is a cryptographic token whose smart contract code has undergone a comprehensive audit by Trail of Bits, Inc., a prestigious firm specializing in information security research & development. Their findings are accessible to the public here.

Launched by Gemini four years ago with a clear vision: to forge a path to the monetary system of the future. The Gemini dollar endeavors to blend the trustworthiness and stable value of the U.S. dollar with the cutting-edge capabilities of blockchain technology, all under the scrutiny of the New York State Department of Financial Services.

The Gemini dollar stands out as a stablecoin that is:

1. Issued by Gemini, a reputable New York trust company
2. Rigorously pegged on a one-to-one basis with the U.S. dollar
3. Engineered on the Ethereum network in compliance with ERC20 token specifications

From the 10th of September, 2018, users will be able to convert their U.S. dollars held in Gemini accounts into Gemini dollars and transfer them to any Ethereum address. In addition, an automatic conversion of GUSD to USD will be available in Gemini accounts. Anticipate the listing of GUSD on Bibox in the near future.