Gemini Dollar company info

What does Gemini Dollar do?
Gemini Dollar (CRYPTO:GUSD) is a stablecoin tethered to the value of the US dollar, operated by the Gemini Trust Company. Each GUSD token is issued by Gemini and backed by an equivalent US dollar, securely held in a segregated account. This design ensures that GUSD can be redeemed for one US dollar at any time, offering stability and trust to its users. Gemini is committed to expanding the utility of GUSD through various initiatives. They are actively developing a Gemini Dollar Debit Card, which would enable users to spend GUSD at any merchant accepting Visa. Furthermore, Gemini is exploring integration opportunities with several DeFi protocols, aiming to enhance the reach and functionality of GUSD within the broader cryptocurrency ecosystem. The overarching goals of Gemini Dollar encompass providing a secure bridge between traditional finance and the world of cryptocurrencies, simplifying cryptocurrency adoption and usage, and contributing to the development of the DeFi sector by offering a dependable source of liquidity. As a prominent player in the stablecoin arena, Gemini Dollar continues to make substantial contributions to the cryptocurrency ecosystem.
Gemini Dollar company media
Company Snapshot

How many people does Gemini Dollar employ?

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Employees
501-1000

What is the market cap for Gemini Dollar?

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Market Cap
$83.56M

Where is the head office for Gemini Dollar?

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Head Office
New York

What year was Gemini Dollar founded?

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Year Founded
2015
What does Gemini Dollar specialise in?
/Asset-Backed Stablecoin /Stablecoin /Store Of Value /USD Stablecoin

What are the products and/or services of Gemini Dollar?

Overview of Gemini Dollar offerings
Access to DeFi: GUSD can be used to participate in a variety of decentralized finance (DeFi) protocols, such as earning interest, borrowing assets, and providing liquidity.
Bridge to the traditional financial system: GUSD is a fully collateralized stablecoin, meaning that each GUSD token is backed by one US dollar held in a segregated account. This makes GUSD a convenient and secure way to bridge the gap between the traditional financial system and the world of cryptocurrency.
Gemini Dollar is a versatile platform that offers a variety of services to users. It is a leading player in the stablecoin space and is making significant contributions to the development of the cryptocurrency ecosystem.
Payments: GUSD can be used to send and receive payments to and from anyone in the world, with low fees and fast settlement times.
Staking: GUSD holders can stake their coins to earn rewards in the form of additional GUSD.
Storage: GUSD can be stored in a variety of wallets, including hardware wallets, software wallets, and online wallets.
Trading: GUSD can be traded for other cryptocurrencies and fiat currencies on a variety of exchanges.