- #647
Gemini Dollar GUSD
GUSD Price
Market Cap
$67.62 MRank #647FDV
$67.62 MRank #775Investors
X Followers
Detailed Performance
GUSD shows Neutral behaviour against top cryptocurrencies, leading categories and blockchains over various time periods
GUSD to USD Converter
Price History
- All-Time High
- $3.313.30x to ATH
- All-Time Low
- $0.80441.25x to ATL
- Trade Launch Date
- 6 Oct, 2018
2238 days ago
Exchanges
Exchanges type
About GUSD
Gemini Dollar is a type of digital currency that is pegged to the value of the U.S. dollar. It is issued by the Gemini cryptocurrency exchange and aims to bring the stability and familiarity of traditional fiat currency onto the blockchain. Gemini Dollars allow users to transact with digital assets while still having the backing of the U.S. dollar. This provides a stable and transparent form of digital currency that can be used for various purposes, such as trading, investing, or making payments.
What makes Gemini Dollar unique?
Gemini Dollar (GUSD) is unique compared to other cryptocurrencies in a few ways. Firstly, GUSD is a stablecoin, meaning its value is pegged to the US dollar. This stability helps address the issue of price volatility commonly associated with other cryptocurrencies.
Additionally, GUSD is issued by Gemini Trust Company, a regulated and fully compliant cryptocurrency exchange and custodian. Gemini Trust Company is subject to the capital reserve requirements, cybersecurity requirements, and banking compliance standards set forth by the New York State Department of Financial Services (NYDFS) and the New York Banking Law. This regulatory oversight provides users with a higher level of security and trust.
Furthermore, GUSD is designed for easy integration with traditional financial systems and offers advantages such as faster settlement times, reduced chargeback risks, and lower payment processing fees. It aims to bridge the gap between traditional fiat currency and the world of cryptocurrencies, making it easier for individuals and businesses to transact using digital assets while maintaining the stability of a fiat currency.
Live Gemini Dollar Price Data
The current price of Gemini Dollar (GUSD) is approximately $1.00, reflecting a decrease of -0.69% in the last 24 hours. The GUSD trading volume in the last 24 hours stands at $4.34 million. Gemini Dollar's market cap is currently $67.62 million, accounting for about < 0.01% of the total crypto market cap. The circulating supply of GUSD is 67.42 million.
For a comprehensive list of exchanges, visit our crypto exchanges page. To understand Gemini Dollar's performance over time, consider exploring its price history and ROI. For in-depth analysis and insights on GUSD, check out our crypto insights page.
Official Links
GUSD to USD Converter
Price History
- All-Time High
- $3.313.30x to ATH
- All-Time Low
- $0.80441.25x to ATL
- Trade Launch Date
- 6 Oct, 2018
2238 days ago