GUSD

Gemini DollarGUSD

Rank #370
Token
On 7,359 watchlists

Gemini Dollar Price (GUSD)

$0.9991
0.35%

0.00001714 BTC3.84%

0.0002246 ETH4.75%

Low:$0.9926
High:$0.9996
24h
GUSD  Gemini Dollar GUSD
Price:
$0.9991
 0.35%
Market Cap
$176,504,550
1.78%
Fully Diluted Market Cap
- -
Volume
24h
$12,134,425
18.89%
Volume / Market Cap
0.06875
Circulating Supply
176,656,804.49 GUSD
Max Supply
--
Total Supply
176,656,804
Sponsored

Gemini Dollar to USD Chart

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GUSD Price Live Data

The live Gemini Dollar price today is $0.999138 USD with a 24-hour trading volume of $12,134,425 USD. We update our GUSD to USD price in real-time. Gemini Dollar is up 0.35% in the last 24 hours. The current CoinMarketCap ranking is #370, with a live market cap of $176,504,550 USD. It has a circulating supply of 176,656,804 GUSD coins and the max. supply is not available.

If you would like to know where to buy Gemini Dollar, the top cryptocurrency exchanges for trading in Gemini Dollar stock are currently OKEx, Uniswap (V3), DigiFinex, BitMart, and XT.COM. You can find others listed on our crypto exchanges page.

What Is Gemini Dollar (GUSD)?

The Gemini Trust Company (Gemini) is a digital currency exchange and custodian that allows you to buy, sell and store digital assets, founded in February of 2014. The GUSD is created by the cryptocurrency exchange Gemini.

The company received approval from the New York Department of Financial Services or NYDFS to launch the stablecoin in September of 2018. It is regarded as one of the first stablecoin, much like Paxos. The Gemini Trust Company holds USD deposits that correspond to the number of tokens that are in circulation.

When it comes to the Gemini Dollar itself, it is an ERC-20 token that is built on the Ethereum network and has smart contracts that are audited by the security company Trail of Bits Inc.

This dollar is intended to bridge the divide between traditional finance and the crypto industry, due to the fact that this specific stablecoin is completely regulated by the NYDFS.

Who Are the Founders of Gemini Dollar?

The founders of the Gemini Dollar (GUSD) are Tyler Winklevoss and Cameron Winklevoss.

Tyler Winklevoss is the co-founder and CEO at Gemini, as well as the president of WinkDex and the co-founder of Winkevoss Capital. Tyler Winklevoss is also an advisor at Rowing Blazers.

Cameron Winklevoss is the co-founder and president at Gemini, as well as the CEO of WinkDex and the co-founder of Winkevoss Capital. Cameron Winklevoss is also an advisor at Rowing Blazers.

They both graduated at Harvard University with a Bachelor of Economics in 2004 and got a Master of Business Administration (MBA) at the University of Oxford Saïd Business School.

What Makes Gemini Dollar Unique?

The Gemini Dollar is the first U.S. dollar-backed stablecoin to get backing from a U.S. regulatory body. It is an ERC-20 token that is built on Ethereum.

The Gemini Dollar differentiates from Bitcoin and other traditional cryptocurrencies in the way that it is able to maintain a steady value. This is unlike Bitcoin, for example, which can have extreme price fluctuations. To achieve this stability in terms of value, there are certain things that are deployed. This can be done through advanced computation, or binding a value to underlying assets such as flat currencies such as USD, EUR or even gold. The Gemini Dollar is designed to provide a transparent regulatory complaint connection between the traditional financial systems and the blockchain industry as a whole.

Learn more about Bytom.

Learn more about Tether.

Learn about GPU mining here.

Catch up on the latest crypto news on our CoinMarketCap blog.

How Many Gemini Dollar (GUSD) Coins Are There in Circulation?

The Gemini Dollar can be traded on 41 exchanges, and had an all-time high value of $1.3435.

To verify that the necessary 1:1 peg is backed by dollars, the deposit balance at Gemini’s U.S. bank is examined on a monthly basis by LLP, BPM and independently registered public accounting firms.

How Is the Gemini Dollar Network Secured?

The Gemini Dollar is an ERC-20 token that is built on the Ethereum network. It has smart contracts that are audited by security company Trial of Bits Inc.

All of the private keys that are used to sign cryptocurrency transactions are custodied offsite in the secure, guarded and geographically distributed facilities on a cloud storage system.

The keys exist on hardware security modules also known as HSMs that meet or exceed U.S. government computer security standards such as FIPS 140–2 Level 3.

Multisignature technology, also known as multisig, is also implemented and provides an added layer of security from attacks and increased fault tolerance.

Multiple signatories are required in order to transfer funds out of cloud storage. This means that Tyler Winklevoss and Cameron Winklevoss are unable to individually or jointly transfer customer funds into or out of the hot wallet or cloud storage system.

Where Can You Buy Gemini Dollar (GUSD)?

Gemini Dollar or GUSD can be purchased, sold and traded on several exchanges, including:

Hoo

XT

DigiFinex

BitMart

OKEx

If you are interested in learning to purchase cryptocurrencies but do not know where to start, we have the perfect guide for you.

Our most recent articles about Gemini Dollar:

GUSD to USD Converter

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GUSD

Gemini Dollar

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USD

United States Dollar

GUSD Price Statistics

Gemini Dollar Price Today
Gemini Dollar Price$0.9991
Price Change24h$0.003527
0.35%
24h Low / 24h High
$0.9926 /
$0.9996
Trading Volume24h$12,134,425.40
18.89%
Volume / Market Cap0.06875
Market Dominance0.01%
Market Rank#370
Gemini Dollar Market Cap
Market Cap$176,504,550.03
1.78%
Fully Diluted Market CapNo Data
Gemini Dollar Price Yesterday
Yesterday's Low / High
$0.9889 /
$0.9966
Yesterday's Open / Close
$0.9944 /
$0.9947
Yesterday's Change

0.03%

Yesterday's Volume$10,834,855.68
Gemini Dollar Price History
7d Low / 7d High
$0.9886 /
$1.01
30d Low / 30d High
$0.9855 /
$1.13
90d Low / 90d High
$0.9665 /
$1.18
52 Week Low / 52 Week High
$0.8966 /
$1.18
All Time High
May 21, 2020 (2 years ago)
$1.23
18.59%
All Time Low
Mar 12, 2020 (2 years ago)
$0.8521
17.25%
Gemini Dollar ROI

0.18%

Gemini Dollar Supply
Circulating Supply176,656,804 GUSD
Total Supply176,656,804 GUSD
Max SupplyNo Data