What is Gemini Dollar (GUSD)?
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. regulators. Get Gemini dollars 1-to-1 for U.S. dollars on Gemini. Gemini dollars can be used on the Ethereum network. ISSUER The Gemini dollar is issued by Gemini Trust Company, LLC, a New York trust company. BANK U.S. dollars that correspond to the Gemini dollars issued and in circulation are held at a U.S. bank and eligible for FDIC “pass-through” deposit insurance, subject to applicable limitations.
How does Gemini Dollar work?
EXAMINATION The U.S. dollar deposit balance is examined monthly by an independent registered public accounting firm to verify the 1:1 peg. All Independent Accountants’ Reports are published and available here. 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.
What is Gemini Dollar used for?
Gemini was founded four years ago with a mission: build a bridge to the future of money. Gemini dollar aims to combine creditworthiness and price stability of the U.S. dollar with blockchain and the oversight of U.S. regulators, the New York State Department of Financial Service. Gemini dollar is a stable value coin that is: 1. issued by Gemini, a New York trust company 2. strictly pegged 1:1 to the U.S. dollar 3. built on Ethereum network according to ERC20 token standards Starting 10th September 2018, you will be able to convert U.S.
Where can you buy Gemini Dollar?
Gemini Dollar (GUSD) is traded on a wide range of centralized and decentralized exchanges. The most liquid markets for GUSD sit on tier-1 venues - the sort of exchanges where institutional desks and professional market makers rebalance continuously - which is what keeps the spread tight and the last price tied closely to fair value.
You can open the Markets section above to see the live list of exchanges quoting GUSD, sorted by 24-hour volume. Each row links to the venue's trade page so you can go directly from research to execution without copying the ticker around by hand.
What is the daily trading volume of Gemini Dollar (GUSD)?
The reported 24-hour trading volume of Gemini Dollar is $308.43K. Volume is a live reading of how much GUSD changed hands across all tracked exchanges in the past day and tends to rise during periods of price discovery and fall during consolidation.
For traders, the ratio between volume and market cap is often more informative than either number on its own: a high vol-to-mcap ratio indicates liquid, actively traded supply, while a low ratio suggests that most holders are sitting on the asset.
What is the highest and lowest price for Gemini Dollar (GUSD)?
Gemini Dollar reached an all-time high of $3.30 on October 11, 2018, and an all-time low of $0.7826 on September 29, 2018. It is currently trading -69.76% from its peak and +27.67% from its bottom.
The distance from ATH is a useful gauge of recovery potential during a bear market and of stretched positioning during a bull market. Combined with the all-time-low figure it provides a quick statistical frame for thinking about where GUSD sits in its long-run price range.
What is the market cap of Gemini Dollar (GUSD)?
Gemini Dollar's market capitalization is currently $40.10M, and it is ranked #584 by market cap on Cryptopricing. Market cap is calculated as the current price multiplied by the circulating supply (40.13 million GUSD are actively circulating today).
Market cap is a common but imperfect measure. It reflects the theoretical value of every circulating token at the current market price, but it doesn't capture how thin the top of the order book might be - an important caveat for tokens with low floats or illiquid cap tables.
What is the fully diluted valuation of Gemini Dollar (GUSD)?
The fully diluted valuation (FDV) of Gemini Dollar is $40.10M. FDV is a projection of what the market cap would be if every token that will ever exist - including those that have not yet been unlocked, mined or issued - were in circulation at the current price.
FDV is a useful second reading alongside market cap. A large gap between mcap and FDV signals that future token emissions could dilute current holders, while a small gap indicates that supply is already mostly out.
How does the price performance of Gemini Dollar compare against its peers?
Over the past 24 hours, Gemini Dollar has moved +0.00%. Over the past seven days, the change is -0.03%. Comparing these figures to the global crypto market cap change (shown in the ticker at the top of this page) tells you whether GUSD is leading, lagging or tracking the broader market.
For deeper analysis, the categories strip on the home page groups coins by theme - Layer 1, Meme, DePIN, AI, RWA and so on - and lets you compare Gemini Dollar against its closest peers. The category detail pages surface the underlying coins and their seven-day sparklines in a single view.
How to store Gemini Dollar?
Like any crypto asset, the right way to store GUSD depends on how often you plan to use it. Long-term holders typically self-custody using a hardware wallet such as Ledger or Trezor, which keeps private keys offline and immune to most remote attacks.
For active traders, a reputable custodial exchange wallet can be appropriate, especially one with clear proof-of-reserves attestations. Whatever approach you choose, the most important rule is to keep your recovery phrase offline, never share it, and never enter it into a web form or attached to a DM - no legitimate support agent will ever ask for it.
