Gemini Dollar
Stablecoin-Profil
Gemini Dollar (GUSD) ist ein fiat-gedeckter Stablecoin, gebunden an USD, mit 43,3 Mio. $ im zirkulierenden Angebot über 2 Blockchain-Netzwerke. Jeder GUSD ist durch Reserven des Emittenten gedeckt, mit Parität attestiert über defillama. Die Bindung wurde in den meisten Handelsphasen innerhalb von ±1% gehalten, wobei Reservezusammensetzung und Attestierungsfrequenz die wesentlichen Inputs für sein Kreditrisikoprofil sind.
Über Gemini Dollar (GUSD)
GUSD is a 1:1 USD-backed stablecoin issued by Gemini. Gemini customers can redeem a GUSD for $1 at Gemini.
Gemini customers who have undergone a verification process can exchange USD for GUSD and redeem GUSD for USD.
Emittent & Attestierung
Gemini Dollar (GUSD) is issued by Gemini Trust Company, LLC, operating under New York State (NYDFS-regulated trust). Originally launched in 2018.
Reserve-Zusammensetzung
Backed 1:1 by US dollar deposits held at State Street Bank and Trust Company and short-term Treasuries.
Reserve-Attestierungsberichte
Informationen zum Emittenten stammen aus öffentlichen Offenlegungen, regulatorischen NYDFS- / BMA-Einreichungen und primären Attestierungsberichten. Vor Entscheidungen stets direkt beim Emittenten verifizieren.
Jüngste Angebotsaktivität
Gemini Dollar (GUSD) supply contracted by 52.157,7 $ (-0.12%) in the last 24 hours, contracted by 2,3 Mio. $ (-5.10%) over the past week, and contracted by 2,1 Mio. $ (-4.57%) over the past 30 days.
Mild contraction: redemptions have slightly outpaced minting, with supply down 4.57% in the past month.
Supply-Verlauf
Network distribution
Gemini Dollar circulates across 1 blockchain network. Ethereum hosts the largest share at 100.00%. Cross-chain distribution has remained broadly stable over the past 30 days.
| Kette | Angebot | Anteil | 24h Δ | 30d Δ |
|---|---|---|---|---|
| Ethereum | 43,3 Mio. $ | 100.00% | -0.12% | -4.57% |
Verlauf der Peg-Stabilität
Gemini Dollar (GUSD) is designed to trade at exactly 1.00 USD, with its peg defended through direct redeemability against off-chain reserves. Spot price currently sits at $0.9995, a -0.048% deviation from the target — well inside the stability band typical for reserve-backed dollar tokens.
Wie reserve-backed-Stablecoins ihren Peg verteidigen
Fiat-backed stablecoins maintain their peg through arbitrage: any time the secondary-market price drifts above $1.00, authorised participants mint new tokens by depositing dollars and sell them into the market; any time it drifts below, they buy on the open market and redeem 1:1 for dollars. The peg therefore depends entirely on (a) the reserves actually existing, (b) the issuer honouring redemption requests promptly, and (c) the issuer remaining solvent and unfrozen.
Praktische Auswirkungen für Inhaber
- Counterparty risk is concentrated in the issuer and its banking partners — a banking failure (as in the March 2023 USDC / SVB episode) can cause short-term depegs even when the underlying reserves are sound.
- Reserve attestations are not full audits. Always read the firm name, scope, and date of the latest attestation report before treating the peg as risk-free.
- Redemption rights typically apply only to verified institutional partners, not to retail holders. Retail exposure is exited via secondary markets, where liquidity matters most during stress periods.
- Regulatory action against the issuer (NYDFS orders, OFAC freezes, court-ordered blacklists) can immediately impair specific addresses or even the entire token.
- Mantapex tracks peg deviation in real time from DeFiLlama price feeds, but for high-value holdings cross-check directly on at least one independent venue (CoinGecko, the issuer's own dashboard, or an on-chain DEX).
Peg-stability commentary is based on the mechanism class (reserve-backed) and is provided for educational purposes only — it is not financial advice. Past peg stability is not a guarantee of future performance, and even the highest-quality stablecoins have historically traded outside their target band during banking, regulatory, or liquidity stress.
Vertragsadressen
Gemini Dollar (GUSD) is deployed as a token contract on 1 blockchain network below. Always verify the contract address you're interacting with on the relevant block explorer before sending funds — phishing tokens reusing well-known stablecoin tickers are common, especially on newer chains.
| Kette | Vertragsadresse | Verifizieren |
|---|---|---|
| Ethereum | 0x056fd409e1d7a124bd7017459dfea2f387b6d5cd | Explorer |
Vertragsadressen stammen aus dem Stablecoin-Profil von DeFiLlama. Einige Ketten (Tron, Solana, Aptos, Sui) verwenden Nicht-EVM-Adressformate. Der „Explorer"-Link öffnet den offiziellen Blockexplorer für die jeweilige Kette; wir verlinken nicht auf Drittanbieter-Explorer, die geänderte Daten anzeigen könnten.
Gemini Dollar mit anderen fiat-backed-Stablecoins vergleichen
Below are the largest fiat-backed stablecoins tracked on Mantapex alongside Gemini Dollar (GUSD). Comparing supply and chain footprint within the same mechanism class is more meaningful than cross-class comparison, because the underlying peg-defence assumptions are different.
| Stablecoin | Angebot | Mechanismus | Ketten |
|---|---|---|---|
| Tether (USDT) | 184,1 Mrd. $ | fiat-backed | 107 |
| USD Coin (USDC) | 79,6 Mrd. $ | fiat-backed | 125 |
| World Liberty Financial USD (USD1) | 4,5 Mrd. $ | fiat-backed | 8 |
| PayPal USD (PYUSD) | 4,1 Mrd. $ | fiat-backed | 7 |
| BlackRock USD (BUIDL) | 2,5 Mrd. $ | fiat-backed | 8 |
Über Mechanismusklassen hinweg
If you're researching GUSD as part of a broader stablecoin allocation, it's worth comparing it across mechanism classes — each design has different counterparty, custody, and tail-risk profiles.
Peg-Stabilität
Chain-Verteilung
Ressourcen & Datenquellen
Gemini Dollar (GUSD) is tracked across major crypto data providers. The links below open Gemini Dollar (GUSD)'s pages on CoinGecko, CoinMarketCap and DeFiLlama, so you can cross-check supply, market cap, exchange listings and historical price data directly at the source.
Price feed sourced from defillama. Supply, peg and chain-distribution data are aggregated from DeFiLlama's stablecoins dataset, which combines on-chain balances across supported networks. Numbers on this page typically refresh every 10 minutes.
Aktuelle Gemini Dollar-Nachrichten
Latest reporting from major crypto news outlets covering Gemini Dollar.
- Coincu
Gate Launches Second Phase of Pre-IPOs Featuring OpenAI, USDT and GUSD
Gate has launched the second phase of its Pre-IPOs program, featuring an OpenAI-linked token (OPENAI) with participation available through USDT and GUSD. The move expands the…
- Coincu
Gate Reserve Report Shows 132.73% BTC Ratio, $185M GUSD Holdings
Gate said its latest reserve report lists a 132.73% BTC reserve ratio and 185 million in GUSD holdings, keeping the update tightly centered on two figures disclosed through the…
- The Block
Generic Protocol bets on private stablecoin model with GUSD launch as Congress battles over yield
Generic's natively private stablecoin, GUSD, reroutes yield away from issuers to applications and users in a bid to reshape incentives.
- The Cryptonomist
Gemini: USD payment circuits available for institutional clients in the United Kingdom and EU
Users can deposit and withdraw fiat funds without fees.
- Crypto Mufasa
Top 9 Recent Cryptocurrency Developments You Might Have Overlooked
1. Pantera Capital's third crypto fund: Pantera Capital, a notable investment firm, secured a whopping $175 million for its third crypto fund. Since its inauguration, the firm has…
- Crypto news
Uphold ceases support for USDT, GUSD, TUSD due to European new law: report
Cloud-based multi-asset platform Uphold has begun notifying some of its customers about its decision to suspend support for Tether's USDT, and Gemini's GUSD among other…
- The Cryptonomist
Storm in the crypto market: Gemini's stablecoin GUSD loses over 90% of its market capitalization.
In the meantime, Tether (USDT) strengthens its own dominance in the cryptocurrency markets.
- Bitcoin
Stablecoin Storm — Gemini's GUSD Shrinks 93% Amidst Market Turbulence
Over the past few years, the stablecoin market has significantly slowed, particularly since mid-2022, following the collapse of Terra's stablecoin. Additionally, last year, the…
Verwandte Stablecoins
Stablecoins comparable to Gemini Dollar by collateral mechanism, peg currency, or circulating supply — handy for spotting alternatives if a peg breaks or a regulator forces a delist.
Andere fiat-backed Stablecoins
An USD gebundene Stablecoins
Größte Stablecoins nach Angebot
Risikohinweis
Stablecoins tragen Risiken, einschließlich De-Pegging, regulatorischer Änderungen und Gegenparteirisiken. Diversifiziere immer und führe eigene Recherchen durch.