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.
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.
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. dollars in your Gemini account into Gemini dollars and withdraw them to an Ethereum address. You will also be able to automatically convert GUSD back as USD into your Gemini account. GUSD is expected to be listed on Bibox soon.
Where is Gemini Dollar available for purchase?
You can exchange GUSD tokens on both decentralized and centralized crypto platforms. The favored choice for purchasing and trading Gemini Dollar is Tokpie, notably the GUSD/USDT pair, which saw a trading volume of $ 281,416 in the past day. Additionally, Curve (Ethereum) and Uniswap V3 (Ethereum) are popular alternatives for trading tokens.
What is the highest value Gemini Dollar (GUSD) has ever reached?
Gemini Dollar (GUSD) reached its peak price at 3.3 $ on 11 October 2018, approximately 7 years ago ago. Presently, the current price is -69.69% lower than this all-time high.
What is the historical minimum price for Gemini Dollar (GUSD)?
The minimum price reached for Gemini Dollar (GUSD) was 0.7826 $, documented on 29 September 2018, more than 7 years ago. In comparison, the current price is 27.77%, it above this historical low.
What is the fully diluted valuation of Gemini Dollar (GUSD)?
The fully diluted valuation (FDV) of Gemini Dollar (GUSD) stands at $ 51,34 MLN.. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of GUSD tokens. The realization of this FDV might take several years depending on the emission schedule of GUSD tokens.
How to add Gemini Dollar (GUSD) to MetaMask?
By integrating Gemini Dollar (GUSD) into MetaMask, you gain access to features like monitoring your token balances and trading on decentralized exchanges. To do this, you'll need to import GUSD as a token. You can either manually import GUSD by copying its contract address (0x056fd409e1d7a124bd7017459dfea2f387b6d5cd) or use MetaMask's Chrome extension to add GUSD with a single click through P.CASH.
How to add Gemini Dollar (GUSD) to TrustWallet?
Incorporating Gemini Dollar (GUSD) into your TrustWallet setup enables you to monitor your token holdings and engage in decentralized exchange transactions, among other functions. To include GUSD, you can either manually import it using the contract address (0x056fd409e1d7a124bd7017459dfea2f387b6d5cd) or conveniently add it to Trust Wallet with just one click via P.CASH if you've installed Trust Wallet's Chrome extension.
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