GUSD
Gemini Dollar
active
Fiat Backed
USD
Market Cap $150M
GUSD is Gemini's U.S. dollar stablecoin issued by Gemini Trust Company, LLC. Gemini states that each GUSD is fully backed by cash or cash-equivalent reserves and redeemable for U.S. dollars by Gemini customers.
Key Data
| Backing | Cash deposits at U.S. regulated financial institutions |
| Auditor | BPM LLP |
| Reserve Reporting | Monthly attestation |
| Redemption | Gemini states that customers can redeem 1 GUSD for $1 at any time. NYDFS guidance requires timely redemption at par, generally no later than two full business days after a compliant redemption order. |
| KYC Required | Yes |
| Peg Currency | USD |
| Launched | 2018 |
Reserve Composition
Cash Equivalents
100%
Supported Networks
L1 EVMEthereum
Cross-Chain Supply ($39M total)
Regulatory Status
Use Cases
SettlementTradingPaymentsDefi Collateral
Overview
GUSD is Gemini's U.S. dollar stablecoin issued by Gemini Trust Company, LLC. Gemini states that each GUSD is fully backed by cash or cash-equivalent reserves and redeemable for U.S. dollars by Gemini customers.
Key Features
- NYDFS-approved USD stablecoin
- Monthly reserve attestation by BPM LLP
- Reserve report includes month-end and randomly selected business-day examination
- ERC-20 token on Ethereum
Reserve Backing
Cash deposits at U.S. regulated financial institutions.
Supported Networks
Available on Ethereum.
Other USD Stablecoins
Profile compiled from issuer disclosures, regulatory filings, press releases, and financial media. Market and on-chain data sourced directly or via third-party providers. See methodology.