Gemini dollar (GUSD) is a U.S. dollar-backed stablecoin —a digital representation of cash that can be used to interact with the crypto economy. GUSD combines the creditworthiness and price stability of the U.S. dollar with the speed and efficiency of cryptocurrency. GUSD is an Ethereum-based ERC-20 token, fully programmable and ready for use in smart contract development. GUSD has been fully regulated by the New York State Department of Financial Services (NYDFS) since 2018, making it one of the world’s first regulated stablecoins.
Every single GUSD in circulation is fully backed by cash or cash equivalents held across bank accounts, money market funds, and US treasury bills. Gemini customers can always redeem 1 GUSD for $1 on Gemini at any time.
Gemini Dollar's current price is $ 1.00, it has dropped -0.03% over the past 24 hours.
Gemini Dollar's All Time High (ATH) of $ 1.62 was reached on 13 May 2020, and is currently -38.4% down.
The current circulating supply of Gemini Dollar is 395.76 Million tokens, and the maximum supply of Gemini Dollar is 395.76 Million.
Gemini Dollar’s 24 hour trading volume is $ 46.80 Thousands.
Gemini Dollar's current share of the entire cryptocurrency market is 0.03%, with a market capitalization of $ 395.67 Million.