Gemini Dollar (GUSD): Price, Charts, Market Cap & Key Metrics

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Gemini Dollar (GUSD) is a fully regulated, dollar-pegged stablecoin designed to bridge traditional finance with the rapidly evolving world of digital assets. Built on the Ethereum blockchain as an ERC-20 token, GUSD offers transparency, security, and compliance — making it a trusted choice for investors, traders, and institutions navigating the crypto ecosystem.

Backed 1:1 by U.S. dollars held in reserve by Gemini Trust Company, GUSD maintains price stability while enabling fast, low-cost transfers across decentralized and centralized platforms. With approval from the New York Department of Financial Services (NYDFS), it stands out as one of the few legally compliant stablecoins in a crowded market.

Whether you're exploring stablecoins for trading, remittances, or portfolio diversification, understanding GUSD’s fundamentals, circulation, security model, and availability is essential.

What Is Gemini Dollar (GUSD)?

Gemini Dollar (GUSD) is a fiat-collateralized stablecoin launched by Gemini, a New York-based digital asset exchange and custodian founded in 2014 by Cameron and Tyler Winklevoss. Unlike volatile cryptocurrencies such as Bitcoin or Ethereum, GUSD is designed to maintain a stable value equivalent to one U.S. dollar.

Each GUSD token is backed by one USD held in reserve accounts at regulated U.S. financial institutions. These reserves are regularly audited by third-party accounting firms to ensure full transparency and solvency.

As an ERC-20 token on the Ethereum network, GUSD is compatible with a wide range of wallets, decentralized applications (dApps), and exchanges. This interoperability allows users to seamlessly integrate GUSD into DeFi protocols, NFT marketplaces, and cross-border payment systems.

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Who Are the Founders of Gemini Dollar?

Gemini Dollar was created by Gemini Trust Company, LLC — commonly known as Gemini — which was co-founded by twin brothers Cameron and Tyler Winklevoss. The entrepreneurs first gained public attention for their early involvement with Facebook, but later shifted focus to cryptocurrency after becoming early Bitcoin investors.

The Winklevoss brothers launched Gemini in 2015 with a vision to build a regulated, secure, and user-friendly platform for buying, selling, and storing digital assets. Their commitment to regulatory compliance paved the way for GUSD’s approval by the NYDFS in September 2018, marking a milestone in the legitimization of crypto-native financial products.

Their background in finance, law, and technology has helped position Gemini as a leader in responsible innovation within the blockchain space.

What Makes Gemini Dollar Unique?

While there are dozens of stablecoins in circulation, GUSD differentiates itself through regulatory compliance, transparency, and security.

Regulatory Approval

GUSD is one of the only stablecoins officially approved by the NYDFS — a rigorous regulator known for its strict standards. This endorsement gives institutional and retail investors greater confidence in its legitimacy.

Monthly Audits

Unlike some stablecoins that publish infrequent attestations, GUSD undergoes monthly third-party audits by BPM LLP, a licensed accounting firm. Audit reports are publicly available, verifying that circulating supply matches reserve holdings.

Smart Contract Security

The GUSD smart contract was developed with oversight from Trail of Bits Inc., a renowned cybersecurity firm specializing in blockchain audits. This ensures robust protection against exploits and vulnerabilities.

Ethereum-Based Efficiency

Being built on Ethereum enables GUSD to be used across thousands of DeFi platforms, supporting lending, borrowing, yield farming, and more — all with predictable valuations due to its dollar peg.

How Many Gemini Dollars (GUSD) Are in Circulation?

As of 2025, the circulating supply of GUSD fluctuates based on demand but remains fully backed by equivalent USD reserves. The total supply adjusts dynamically: new tokens are minted when users deposit dollars into Gemini, and tokens are burned when redeemed for fiat.

Real-time data on market cap, trading volume, and supply can be tracked across major crypto analytics platforms. Due to its transparent reserve model, investors can verify that no unbacked tokens enter circulation.

This contrasts sharply with algorithmic or partially backed stablecoins that have faced collapse due to lack of transparency or failed de-pegging events.

How Is the Gemini Dollar Network Secured?

Since GUSD operates as an ERC-20 token on the Ethereum blockchain, its underlying security relies on Ethereum’s proof-of-stake (PoS) consensus mechanism — one of the most secure and decentralized networks in the world.

Beyond blockchain-level protection:

These layers of defense make GUSD resilient against fraud, manipulation, and systemic risk.

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Where Can You Buy Gemini Dollar (GUSD)?

GUSD is available on multiple centralized (CEX) and decentralized exchanges (DEX), including:

To purchase GUSD:

  1. Create an account on a supported exchange.
  2. Complete KYC verification if required.
  3. Deposit USD or another cryptocurrency.
  4. Trade for GUSD directly or via stablecoin pairs.

Once acquired, GUSD can be stored in any Ethereum-compatible wallet such as MetaMask, Trust Wallet, or hardware wallets like Ledger and Trezor.

For those prioritizing regulatory compliance and ease of use, buying GUSD directly through the Gemini app remains the most straightforward option.

Coins Similar to Gemini Dollar

While several stablecoins aim to offer price stability, few match GUSD’s level of oversight and transparency. Comparable alternatives include:

Among these, GUSD stands out for its strong emphasis on independent audits, regulatory clarity, and integration with DeFi ecosystems.

Frequently Asked Questions (FAQ)

What is the purpose of Gemini Dollar (GUSD)?

GUSD bridges traditional finance and cryptocurrency by offering a stable, regulated digital dollar that can be used globally for payments, trading, savings, and DeFi participation without exposure to crypto volatility.

Is GUSD a good investment?

GUSD isn't meant for capital appreciation — its value stays pegged to $1. However, it's a reliable store of value during market turbulence and useful for earning yields in DeFi protocols.

How do I redeem GUSD for USD?

You can redeem GUSD for U.S. dollars through the Gemini platform by initiating a withdrawal request. The equivalent amount will be sent to your linked bank account after processing.

Has GUSD ever lost its peg?

No significant de-pegging events have occurred since its launch. Thanks to its transparent reserves and redemption mechanism, GUSD has maintained strong price stability even during periods of market stress.

Is GUSD safe?

Yes. Backed by real dollars, secured via smart contracts audited by Trail of Bits, and regulated by NYDFS, GUSD combines multiple layers of safety uncommon among many other stablecoins.

Can I earn interest on GUSD?

Yes. Many DeFi platforms allow users to lend or stake GUSD in liquidity pools to earn yield. Additionally, Gemini offers interest-bearing accounts where users can earn returns on their holdings.

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Core Keywords

By combining regulatory legitimacy with blockchain efficiency, Gemini Dollar continues to serve as a critical infrastructure piece in the future of digital finance. Whether you're a cautious newcomer or an experienced DeFi participant, GUSD offers a secure gateway into the world of cryptocurrencies — without sacrificing trust or stability.