Gemini Dollar

0x056Fd409E1d7A124BD7017459dFEa2F387b6d5Cd

RANK
47
market cap
$44525570
Price
$1.00
change 24hr
0.02%

The Gemini dollar (GUSD) issued by Gemini Trust Company LLC is meant to provide tokens built on the Ethereum network according to ERC20 standards corresponding 1:1 with holdings of traditional fiat USD held at State Street Bank and Trust Company. Intended to provide creditworthiness and price stability that mimics the U.S Dollar, code within the GUSD contracts were audited by a firm specializing in information security research & development. To verify the necessary 1:1 peg, the deposit balance at the U.S. Bank is examined monthly by BPM, LLP an independently registered public accounting firm.

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