Gemini Dollar token
Overview
Gemini Dollar (GUSD) is a regulated stablecoin issued by Gemini Trust Company, a New York-based cryptocurrency exchange and custodian. It is an ERC-20 token on the Ethereum blockchain, pegged 1:1 to the US dollar, and is commonly used for trading, payments, and as a digital representation of fiat currency.
Within the DeFi Intel graph, Gemini Dollar connects to 6 tracked entities, most strongly to Ethereum, Gemini Trust Company, Wanchain.
Relations
Top connections in the DeFi Intel knowledge graph (confidence-weighted, 6 of 6 total).
| Relation | Connected entity | Confidence |
|---|---|---|
deployed_on | Ethereum | 95% |
issued_by | Gemini Trust Company | 95% |
deployed_on | Wanchain | 95% |
backed_by | U.S. Treasury Bills | 90% |
backed_by | Cash Bank Deposits | 90% |
attests_for | BPM | 90% |
Frequently asked questions
What is Gemini Dollar?
Gemini Dollar (GUSD) is a regulated stablecoin issued by Gemini Trust Company, pegged 1:1 to the US dollar, and is an ERC-20 token on the Ethereum blockchain.
What blockchains is Gemini Dollar deployed on?
Gemini Dollar is deployed on Ethereum and Wanchain.
What backs the Gemini Dollar?
Gemini Dollar is backed by Cash Bank Deposits and U.S. Treasury Bills.