GUSD

The Gemini Dollar (GUSD) is a stablecoin created by Gemini Trust Company (Gemini), a digital centralized cryptocurrency exchange (CEX) based out of New York, that allows you to buy, sell and store digital assets.

Gemini dollar (GUSD) is a U.S. dollar-backed stablecoin —a digital representation of cash that can be used to interact with the crypto economy. GUSD combines the creditworthiness and price stability of the U.S. dollar with the speed and efficiency of cryptocurrency.

GUSD is an Ethereum-based ERC-20 token, fully programmable and ready for use in smart contract development.

The Gemini dollar is 1:1 USD-backed.