Gemini Dollar
Perfil del Stablecoin
Gemini Dollar (GUSD) es una stablecoin respaldada por fiat anclada a USD, con 43,3 M US$ en suministro circulante a través de 2 redes blockchain. Cada GUSD está respaldada por reservas del emisor, con paridad atestiguada vía defillama. La paridad se ha mantenido dentro de ±1% en la mayoría de las sesiones de negociación; la composición de las reservas y la cadencia de las atestaciones son los principales factores de su perfil de riesgo crediticio.
Acerca de Gemini Dollar (GUSD)
GUSD is a 1:1 USD-backed stablecoin issued by Gemini. Gemini customers can redeem a GUSD for $1 at Gemini.
Gemini customers who have undergone a verification process can exchange USD for GUSD and redeem GUSD for USD.
Emisor y atestación
Gemini Dollar (GUSD) is issued by Gemini Trust Company, LLC, operating under New York State (NYDFS-regulated trust). Originally launched in 2018.
Composición de reservas
Backed 1:1 by US dollar deposits held at State Street Bank and Trust Company and short-term Treasuries.
Informes de atestación de reservas
La información del emisor se recopila a partir de divulgaciones públicas, presentaciones regulatorias de NYDFS / BMA e informes de atestación de fuentes primarias. Verifica siempre directamente con el emisor antes de tomar decisiones.
Actividad reciente de suministro
Gemini Dollar (GUSD) supply contracted by 52,2 mil US$ (-0.12%) in the last 24 hours, contracted by 2,3 M US$ (-5.10%) over the past week, and contracted by 2,1 M US$ (-4.57%) over the past 30 days.
Mild contraction: redemptions have slightly outpaced minting, with supply down 4.57% in the past month.
Historial de Suministro
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.
| Cadena | Suministro | Cuota | 24h Δ | 30d Δ |
|---|---|---|---|---|
| Ethereum | 43,3 M US$ | 100.00% | -0.12% | -4.57% |
Historial de estabilidad del anclaje
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.
Cómo las stablecoins reserve-backed defienden su anclaje
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.
Implicaciones prácticas para los tenedores
- 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.
Direcciones de contrato
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.
| Cadena | Dirección del contrato | Verificar |
|---|---|---|
| Ethereum | 0x056fd409e1d7a124bd7017459dfea2f387b6d5cd | Explorador |
Las direcciones de contrato provienen del perfil de stablecoins de DeFiLlama. Algunas cadenas (Tron, Solana, Aptos, Sui) usan formatos de dirección no EVM. El enlace "Explorador" abre el explorador de bloques oficial de la cadena correspondiente; no enlazamos a exploradores de terceros que puedan mostrar datos alterados.
Comparar Gemini Dollar con otras stablecoins fiat-backed
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 | Suministro | Mecanismo | Cadenas |
|---|---|---|---|
| Tether (USDT) | 184,1 mil M US$ | fiat-backed | 107 |
| USD Coin (USDC) | 79,6 mil M US$ | fiat-backed | 125 |
| World Liberty Financial USD (USD1) | 4518,8 M US$ | fiat-backed | 8 |
| PayPal USD (PYUSD) | 4088,7 M US$ | fiat-backed | 7 |
| BlackRock USD (BUIDL) | 2542,3 M US$ | fiat-backed | 8 |
Estabilidad del Anclaje
Distribución por Cadena
Recursos y fuentes de datos
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.
Noticias recientes de Gemini Dollar
Latest reporting from major crypto news outlets covering Gemini Dollar.
- 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…
- Crypto news
S&P rates USDC and Gemini's GUSD as ‘strong' assets in stablecoin stability assessment
American credit rating agency S&P Global Ratings has revealed its first stablecoin stability assessment report, recognizing USDC and GUSD as ‘strong' assets.
- Cointelegraph
S&P Global launches stablecoin ratings, ranks GUSD, USDP, USDC highest
The producer of the S&P 500 assessed eight stablecoins. Tether received the second-lowest rating.
Stablecoins relacionadas
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.
Otras stablecoins fiat-backed
Stablecoins vinculadas a USD
Mayores stablecoins por suministro
Aviso de Riesgo
Las stablecoins conllevan riesgos que incluyen la pérdida del anclaje, cambios regulatorios y riesgo de contraparte. Siempre diversifique y haga su propia investigación.