Price
$0.99978
24h% change
-0.1%
Volume (24h)
$1.601M
Market Cap
$61.435M
Gemini, operated by the Gemini Trust Company, emerged in February 2014 as a digital currency exchange and custodian enabling the purchase, sale, and safekeeping of digital assets. The GUSD, the cryptocurrency Gemini Dollar, is established by this exchange.
Approval from the New York Department of Financial Services (NYDFS) was granted to launch the stablecoin in September 2018. Gemini Trust Company holds USD deposits equivalent to the circulating token volume.
The Gemini Dollar, an ERC-20 token operating on the Ethereum network, features audited smart contracts by security firm Trail of Bits Inc.
This particular stablecoin, the Gemini Dollar, is designed to bridge the gap between conventional finance and the crypto industry. Its unique distinction lies in being fully regulated by the NYDFS, solidifying its compliance within the regulatory framework.
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Gemini Dollar’s historic highest price is $3.30, which was recorded on 11th of October 2018. Currently, Gemini Dollar’s price is %69.8 Lower than its historic high.
Gemini Dollar’s historic lowest price is $0.78261, which was recorded on 29th of September 2018. Currently, Gemini Dollar’s price is %27.5 Higher than its historic low.
Let's take a look at the important factors that impact Gemini Dollar's worth, such as how many people want to buy or sell it and how available it is. Other influences include what's being said about it on the news and internet, changes in the global economy and politics, and rules Governments set for using it.