Facilitates stable transactions on cryptocurrency exchanges avoiding market volatility.
Enables cost-effective and fast cross-border remittances.
Serves as a secure digital asset for decentralised finance (DeFi) applications.
Acts as a stable medium of exchange and store of value in digital wallets.
Streamlines payroll systems in cryptocurrency for organisations globally.
Provides an easy on-ramp and off-ramp between fiat currencies and cryptocurrencies.
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About
The Gemini Dollar (GUSD) is a stablecoin launched by Gemini Trust Company, LLC, a US-based cryptocurrency exchange founded by the Winklevoss twins. Introduced in 2018, GUSD is designed to provide the stability of the US dollar with the speed and efficiency of blockchain technology. Each Gemini Dollar is backed 1:1 by USD held in reserve at US-based FDIC-insured banks, providing assurance of its value. As an ERC-20 token, GUSD operates on the Ethereum blockchain, benefiting from its security and widespread compatibility across decentralised applications. With regular audits conducted by independent accounting firms, GUSD ensures transparency and trustworthiness. The primary aim of GUSD is to facilitate smooth transactions in the cryptocurrency ecosystem, particularly for traders and users who require stable value preservation.
Facilitates stable transactions on cryptocurrency exchanges avoiding market volatility.
Enables cost-effective and fast cross-border remittances.
Serves as a secure digital asset for decentralised finance (DeFi) applications.
Acts as a stable medium of exchange and store of value in digital wallets.
Streamlines payroll systems in cryptocurrency for organisations globally.
Provides an easy on-ramp and off-ramp between fiat currencies and cryptocurrencies.
News
No News Found
No News Found
About
The Gemini Dollar (GUSD) is a stablecoin launched by Gemini Trust Company, LLC, a US-based cryptocurrency exchange founded by the Winklevoss twins. Introduced in 2018, GUSD is designed to provide the stability of the US dollar with the speed and efficiency of blockchain technology. Each Gemini Dollar is backed 1:1 by USD held in reserve at US-based FDIC-insured banks, providing assurance of its value. As an ERC-20 token, GUSD operates on the Ethereum blockchain, benefiting from its security and widespread compatibility across decentralised applications. With regular audits conducted by independent accounting firms, GUSD ensures transparency and trustworthiness. The primary aim of GUSD is to facilitate smooth transactions in the cryptocurrency ecosystem, particularly for traders and users who require stable value preservation.
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