Gemini Dollar
Profil du Stablecoin
Gemini Dollar (GUSD) est un stablecoin adossé au fiat ancré à USD, avec 43,3 M $US en offre en circulation sur 2 réseaux blockchain. Chaque GUSD est adossé aux réserves détenues par l'émetteur, avec parité attestée via defillama. L'ancrage s'est maintenu dans une fourchette de ±1% sur la plupart des sessions de négociation, la composition des réserves et la cadence d'attestation étant les principaux facteurs de son profil de risque de crédit.
À propos 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.
Émetteur et attestation
Gemini Dollar (GUSD) is issued by Gemini Trust Company, LLC, operating under New York State (NYDFS-regulated trust). Originally launched in 2018.
Composition des réserves
Backed 1:1 by US dollar deposits held at State Street Bank and Trust Company and short-term Treasuries.
Rapports d'attestation des réserves
Les informations sur l'émetteur sont compilées à partir de divulgations publiques, de dépôts réglementaires NYDFS / BMA et de rapports d'attestation de source primaire. Vérifiez toujours directement auprès de l'émetteur avant toute décision.
Activité récente de l'offre
Gemini Dollar (GUSD) supply contracted by 52,2 k $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.
Historique de l'Offre
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.
| Chaîne | Offre | Part | 24h Δ | 30d Δ |
|---|---|---|---|---|
| Ethereum | 43,3 M $US | 100.00% | -0.12% | -4.57% |
Historique de stabilité de l'ancrage
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.
Comment les stablecoins reserve-backed défendent leur ancrage
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.
Implications pratiques pour les détenteurs
- 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.
Adresses de contrat
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.
| Chaîne | Adresse du contrat | Vérifier |
|---|---|---|
| Ethereum | 0x056fd409e1d7a124bd7017459dfea2f387b6d5cd | Explorateur |
Les adresses de contrat proviennent du profil stablecoin de DeFiLlama. Certaines chaînes (Tron, Solana, Aptos, Sui) utilisent des formats d'adresse non EVM. Le lien « Explorateur » ouvre l'explorateur de blocs officiel de la chaîne concernée ; nous ne renvoyons pas vers des explorateurs tiers susceptibles d'afficher des données modifiées.
Comparer Gemini Dollar à d'autres 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 | Offre | Mécanisme | Chaînes |
|---|---|---|---|
| Tether (USDT) | 184,1 Md $US | fiat-backed | 107 |
| USD Coin (USDC) | 79,6 Md $US | fiat-backed | 125 |
| World Liberty Financial USD (USD1) | 4,5 Md $US | fiat-backed | 8 |
| PayPal USD (PYUSD) | 4,1 Md $US | fiat-backed | 7 |
| BlackRock USD (BUIDL) | 2,5 Md $US | fiat-backed | 8 |
Entre les classes de mécanismes
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.
Stabilité du Peg
Distribution par Chaîne
Ressources et sources de données
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.
Actualités récentes sur 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 associées
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.
Autres stablecoins fiat-backed
Stablecoins indexés sur USD
Plus grands stablecoins par offre
Avertissement de Risque
Les stablecoins comportent des risques, notamment la dé-peggisation, les changements réglementaires et le risque de contrepartie. Diversifiez toujours et faites vos propres recherches.