$1.00 USD
Gemini Dollar (GUSD) Price Summary
- Current Price: $1.00 USD (pegged 1:1 to USD)
- 24H Trading Volume: $110.73 million
- Circulating Supply: 46.98 million GUSD
- Max Supply: 148.55 million GUSD
Market Sentiment
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About Gemini Dollar (GUSD)
Overview
Ranked #663, Gemini Dollar (GUSD) is a stablecoin issued by Gemini Trust Company LLC, adhering to ERC-20 standards on the Ethereum blockchain. Each GUSD token is backed 1:1 by USD held at State Street Bank and Trust Company, ensuring price stability.
Key Features
- Audited Contracts: Code audited by a top-tier information security firm.
- Monthly Verification: Independent audits by BPM, LLP confirm reserve balances.
- Multi-Chain Support: Available on Ethereum and NEAR networks.
Contract Addresses:
- Ethereum:
0x056Fd409E1d7A124BD7017459dFEa2F387b6d5Cd - NEAR:
056fd409e1d7a124bd7017459dfea2f387b6d5cd.factory.bridge.near
GUSD Price Statistics
- All-Time High/Low: Data not available (stablecoin maintains $1.00 peg).
Why Use Gemini Dollar?
- Stability: Ideal for hedging against crypto volatility.
- Transparency: Regular audits ensure 1:1 USD backing.
- Cross-Platform Utility: Seamless transfers across Ethereum and NEAR.
👉 Explore stablecoin strategies to optimize your portfolio.
FAQ
Is Gemini Dollar (GUSD) safe?
Yes, GUSD undergoes monthly third-party audits to verify USD reserves.
How can I buy GUSD?
Purchase GUSD on major exchanges like Crypto.com using USD or other cryptocurrencies.
What’s the difference between GUSD and other stablecoins?
GUSD emphasizes regulatory compliance and transparency, with Gemini’s reputation backing its credibility.
👉 Learn how to stake stablecoins for passive income opportunities.
Final Thoughts
Gemini Dollar offers a reliable bridge between traditional finance and crypto, combining regulatory rigor with blockchain efficiency. For real-time conversions, use tools like Crypto.com’s currency converter.
Disclaimer: This content is for informational purposes only and does not constitute financial advice.
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