Gemini Dollar

Gemini Dollar is a regulated stablecoin that combines the creditworthiness and price stability of the U.S. dollar with the speed and efficiency of blockchain technology. As an Ethereum-based ERC-20 token, GUSD is fully programmable and ready for use in smart contract development. With its 1:1 backing by USD, GUSD provides a secure and reliable store of value for users.

GUSD's technical features include its ability to be transferred and traded in seconds, with settlement on the Ethereum blockchain. The token's code has been audited by Trail of Bits, a leading information security research and development firm, ensuring the integrity and transparency of the GUSD protocol. Additionally, GUSD is supported across dozens of DeFi protocols, applications, and exchanges, making it a versatile and widely accepted stablecoin.

Gemini Dollar has a variety of use cases, including payments, trading, and earning interest with crypto security. Users can buy digital art with GUSD on platforms like Nifty Gateway or OpenSea, or earn unlimited 3% back on dining with the Gemini Credit Card. GUSD can also be used to build a stable reserve without moving assets off-chain, making it an attractive option for those seeking to mitigate crypto price volatility.

Gemini Dollar is backed by a trusted and regulated platform, with monthly attestations of cash reserves published by an independent registered accounting firm, BPM LLP. This ensures that every GUSD in circulation is fully backed by cash or cash equivalents held across bank accounts, money market funds, and US treasury bills. With its strong regulatory framework and transparent operations, Gemini Dollar provides a secure and reliable stablecoin for users to interact with the crypto economy.

Gemini Dollar has been fully regulated by the New York State Department of Financial Services (NYDFS) since 2018, making it one of the world's first regulated stablecoins. The token is issued by Gemini Trust Company, LLC, a licensed and regulated financial institution that prioritizes the security of user assets. With its strong regulatory foundation and transparent operations, Gemini Dollar provides a secure and reliable stablecoin for users to interact with the crypto economy.