24h Trade Volume
All-Time-High (ATH) Price
Gemini Dollar (GUSD) operates on its own blockchain.The total supply of Gemini Dollar that will ever be issued is 57.72 Millions coins, and the current supply of GUSD in circulation is 57.72 Millions coins.
Current Gemini Dollar price is $ 1.00 moved down to -0.20% for the last 24 hours.
All time high (ATH) price of Gemini Dollar reached $ 1.62 on 13 May 2020 and fallen -38.4% from it.
Gemini Dollar's share of the entire cryptocurrency market is 0.01% with the market capitalization of $ 57.75 Millions.
Gemini Dollar’s 24 trading volume is $ 2.15 Millions. It is trading on 11 markets and 7 Exchanges the most active of them is BitMart.
Gemini Dollar Price Chart
Gemini Dollar price Index provides the latest GUSD price in US Dollars , BTC and ETH using an average from the world's leading crypto exchanges.
The Gemini Dollar to USD chart is designed for users to instantly see the changes that occur on the market and predicts what will come next.
Gemini Dollar Performance USD
|24H||-$ 0.00197||-0.20%||$ 1.01||$ 0.998|
|7D||-$ 0.00225||-0.22%||$ 1.02||$ 0.993|
|1M||$ 0.000604||+0.06%||$ 1.08||$ 0.979|
|3M||-$ 0.00996||-0.99%||$ 1.08||$ 0.950|
|6M||-$ 0.00079||-0.08%||$ 1.08||$ 0.950|
|YTD||-$ 0.000198||-0.02%||$ 1.08||$ 0.979|
|1Y||$ 0.0025||+0.25%||$ 1.62||$ 0.536|
What is Gemini Dollar
The Gemini dollar — the world’s first regulated stablecoin — combines the creditworthiness and price stability of the U.S. dollar with blockchain technology and the oversight of U.S.
Gemini had received permission from NYDFS to begin issuing the stablecoin, which is collateralized by frequently audited USD reserves.
The first regulated stablecoin has built-in BSA/AML and OFAC controls to prevent it from being used in connection with money laundering or terrorist financing. The advantage of using a regulated stablecoin as opposed to USD is the settlement speed.
U.S. dollars that correspond to the Gemini dollars issued and in circulation are held at State Street Bank and Trust Company.
The U.S. dollar deposit balance is examined monthly by BPM, LLP, a registered public accounting firm, in order to verify the 1:1 peg.
The Gemini dollar is a cryptographic token built on the Ethereum Network according to the ERC20 standard for tokens. The code of the Gemini dollar smart contracts has been audited by Trail of Bits, Inc., an information security research & development firm, whose report is publicly available here.