Gemini Dollar [GUSD]
Gemini dollar is a stablecoin issued by Gemini Trust Company, which is regulated by the New York Department of Financial Services (NYDFS)
Gemini Dollar Market Cap
24h Trade Volume
Supply
All-Time-High (ATH) Price
Gemini Dollar's current price is $ 0.993, it has increased +0.07% over the past 24 hours.
Gemini Dollar's All Time High (ATH) of $ 1.62 was reached on 13 May 2020, and is currently -38.9% down.
The maximum supply of Gemini Dollar that will ever be issued is 120.62 Millions tokens, and the current supply of GUSD in circulation is 120.62 Millions tokens.
Gemini Dollar’s 24 hour trading volume is $ 1.88 Million.
Gemini Dollar's current share of the entire cryptocurrency market is 0.00%, with a market capitalization of $ 119.77 Millions.
Gemini Dollar Price
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.
GUSD to USD Converter
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.
EXAMINATION
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.
SECURITY AUDIT
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.