Gemini Dollar token
Overview
Gemini Dollar (GUSD) is a fiat-collateralized stablecoin pegged to the US dollar, issued by Gemini Trust Company (Gemini), a New York-chartered trust company. It is primarily used for trading, payments, and as a stable store of value, with reserves attested monthly by an independent accounting firm.
Within the DeFi Intel graph, Gemini Dollar connects to 6 tracked entities, most strongly to Ethereum, Gemini Trust Company, Gemini Trust Company.
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% |
regulated_by | Gemini Trust Company | 95% |
backed_by | U.S. Treasury Bills | 90% |
backed_by | Cash Bank Deposits | 90% |
attests_for | BPM | 90% |
Frequently asked questions
What is Gate USD?
Gate USD (GUSD) is a fiat-collateralized stablecoin pegged to the US dollar, issued by the cryptocurrency exchange Gate.io. It is used for trading pairs on the exchange, as a medium of exchange, and for value transfer within the Gate ecosystem.
What chain is Gate USD deployed on?
Gate USD is deployed on the Ethereum blockchain.
What backs Gate USD?
Gate USD is backed by Cash Bank Deposits and U.S. Treasury Bills.