Gemini Dollar
稳定币概况
Gemini Dollar（GUSD）是一种锚定 USD 的法币支持型稳定币，流通供应量为 US$4330.6万，覆盖 2 条区块链网络。每一枚 GUSD 由发行方持有的储备支持，平价 通过 defillama。当前 US$4330.6万 的市值反映了实际流通的发行总量。
关于 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.
发行方与证明
Gemini Dollar (GUSD) is issued by Gemini Trust Company, LLC, operating under New York State (NYDFS-regulated trust). Originally launched in 2018.
储备构成
Backed 1:1 by US dollar deposits held at State Street Bank and Trust Company and short-term Treasuries.
储备证明报告
发行方信息汇编自公开披露、NYDFS / BMA 监管申报文件以及第一手证明报告。做决策前请始终直接向发行方核实。
近期供应活动
Gemini Dollar (GUSD) supply contracted by US$5.2万 (-0.12%) in the last 24 hours, contracted by US$232.7万 (-5.10%) over the past week, and contracted by US$207.4万 (-4.57%) over the past 30 days.
Mild contraction: redemptions have slightly outpaced minting, with supply down 4.57% in the past month.
供应量历史
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.
| 链 | 供应量 | 份额 | 24h Δ | 30d Δ |
|---|---|---|---|---|
| Ethereum | US$4330.6万 | 100.00% | -0.12% | -4.57% |
锚定稳定性历史
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.
reserve-backed 稳定币如何维护其锚定
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.
对持有者的实际影响
- 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.
合约地址
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.
| 链 | 合约地址 | 验证 |
|---|---|---|
| Ethereum | 0x056fd409e1d7a124bd7017459dfea2f387b6d5cd | 区块浏览器 |
合约地址来自 DeFiLlama 的稳定币资料。某些链（Tron、Solana、Aptos、Sui）使用非 EVM 地址格式。"区块浏览器"链接将打开相应链的官方区块浏览器；我们不会链接到可能显示已篡改数据的第三方浏览器。
将 Gemini Dollar 与其他 fiat-backed 稳定币比较
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.
| 稳定币 | 供应量 | 机制 | 链 |
|---|---|---|---|
| Tether (USDT) | US$1840.8亿 | fiat-backed | 107 |
| USD Coin (USDC) | US$795.5亿 | fiat-backed | 125 |
| World Liberty Financial USD (USD1) | US$45.2亿 | fiat-backed | 8 |
| PayPal USD (PYUSD) | US$40.9亿 | fiat-backed | 7 |
| BlackRock USD (BUIDL) | US$25.4亿 | fiat-backed | 8 |
锚定稳定性
链上分布
资源与数据来源
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.
Gemini Dollar 最新动态
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.
相关稳定币
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.
其他 fiat-backed 稳定币
锚定 USD 的稳定币
风险提示
稳定币存在脱锚、监管变化和交易对手风险等风险。请务必分散投资并做好自主研究。