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Rank #8GUSDFiat-Backed
Gemini Dollar
Pegged to
USD
Market Cap
$100.00M
24h Volume
$2.00M
Circulating Supply
100.00M GUSD
Total Supply
100.00M GUSD
Peg Target
USD
Collateral Type
Fiat-Backed
Issuer
Gemini Trust Company
Launch Date
10-09-2018
About Gemini Dollar
Gemini Dollar (GUSD) is a regulated stablecoin issued by Gemini Trust Company, founded by Cameron and Tyler Winklevoss. GUSD is approved and regulated by the NYDFS and is backed 1:1 by US dollars held at State Street Bank and Trust Company. It was one of the first regulated stablecoins in the US and is integrated into the Gemini exchange ecosystem. While its market cap is smaller than competitors, GUSD is valued for its regulatory rigour and institutional-grade custody arrangements.
Supported Blockchains
Pros
- Strong regulatory standing (NYDFS)
- Winklevoss-backed institutional credibility
- Reserves held at major bank
- Independent monthly examinations
Cons
- Very low market cap and volume
- Limited to Ethereum only
- Minimal DeFi adoption
- Narrow exchange support outside Gemini
Key Features
NYDFS-regulated trust company
Monthly reserve examination by independent auditor
Held at State Street Bank
Integrated with Gemini exchange
ERC-20 standard on Ethereum
Pass-through FDIC insurance eligibility
Stablecoin Information
Category
Fiat-BackedCollateral Type
Fiat-BackedIssuer
Gemini Trust Company