Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
Gemini Dollar

Gemini Dollar priceGUSD

focusIcon
subscribe
Quote currency:
USD

Gemini Dollar price calculator

More cryptocurrencies calculator >
GUSD
VectorImg
USD
1 GUSD = 1 USD
Last updated 2024-06-19 00:59:15(UTC-0)
Buy GUSD

Gemini Dollar price live data summary

The live price of Gemini Dollar is $1 per (GUSD / USD) today with a current market cap of $129.34M USD. The 24-hour trading volume is $1.91M USD. GUSD to USD price is updated in real time. Gemini Dollar is +0.08% in the last 24 hours. It has a circulating supply of 128,973,064 .

What is the highest price of GUSD?

GUSD has an all-time high (ATH) of $1.27, recorded on 2021-11-16.

What is the lowest price of GUSD?

GUSD has an all-time low (ATL) of $0.8521, recorded on 2020-03-12.

Gemini Dollar price prediction

Set your prediction

What will the price of GUSD be in 2025?

Based on GUSD's historical price performance prediction model, the price of GUSD is projected to reach $1.46 in 2025.

What will the price of GUSD be in 2030?

In 2030, the GUSD price is expected to rise by -11.00%. By the end of 2030, the GUSD price is projected to reach $2.49, with a cumulative ROI of +147.93%.
Buy Gemini Dollar for 1 USD
A welcome pack worth 1000 USDT for new Bitgetters!
Buy Gemini Dollar now

Gemini Dollar price performance in USD

24h7d30d90d1yAll-time
+0.08%+0.32%+0.41%+0.34%+0.05%+0.30%
Buy Gemini Dollar now

Gemini Dollar price history in USD

TimeLowHigh
24h$0.9977$1.01
7d$0.9956$1.01
30d$0.9714$1.01
90d$0.9714$1.06
1y$0.9669$1.06
All-time$0.8521(2020-03-12, 4 years ago )$1.27(2021-11-16, 2 years ago )
Buy Gemini Dollar now

Gemini Dollar market information

Market cap
$129,338,719.35
+0.08%
Fully diluted market cap
$148,969,826.74
+0.08%
Volume (24h)
$1,911,027.75
+42.86%
Market rankings
Circulation rate
+99.00%
24h volume / market cap
0.0147
Circulating supply
128,973,064 GUSD
Total supply / Max supply
128,973,067.45 GUSD
148,548,675.98 GUSD
Buy Gemini Dollar now
Buy Gemini Dollar for 1 USD
A welcome pack worth 1000 USDT for new Bitgetters!
Buy Gemini Dollar now

Gemini Dollar ratings

Average ratings from the community
4.4
100 ratings
This content is for informational purposes only.

Gemini Dollar Social Data

In the last 24 hours, the social media sentiment score for Gemini Dollar was 3, and the social media sentiment towards Gemini Dollar price trend was Bullish. The overall Gemini Dollar social media score was 0, which ranks 1159 among all cryptocurrencies.

According to LunarCrush, in the last 24 hours, cryptocurrencies were mentioned on social media a total of 1,058,120 times, with Gemini Dollar being mentioned with a frequency ratio of 0%, ranking 1009 among all cryptocurrencies.

In the last 24 hours, there were a total of 32 unique users discussing Gemini Dollar, with a total of Gemini Dollar mentions of 6. However, compared to the previous 24-hour period, the number of unique users increase by 7%, and the total number of mentions has decrease by 57%.

On Twitter, there were a total of 0 tweets mentioning Gemini Dollar in the last 24 hours. Among them, 0% are bullish on Gemini Dollar, 0% are bearish on Gemini Dollar, and 100% are neutral on Gemini Dollar.

On Reddit, there were 20 posts mentioning Gemini Dollar in the last 24 hours. Compared to the previous 24-hour period, the number of mentions decrease by 20% .

All social overview

Average sentiment (24h)
3
Social media score (24h)
0(#1159)
Social contributors (24h)
32
+7%
Social media mentions (24h)
6(#1009)
-57%
Social media dominance (24h)
0%
X
X posts (24h)
0
0%
X sentiment (24h)
Bullish
0%
Neutral
100%
Bearish
0%
Reddit
Reddit score (24h)
10
Reddit posts (24h)
20
-20%
Reddit comments (24h)
0
0%

About Gemini Dollar(GUSD)

What is Gemini Dollar?

The Gemini Dollar (GUSD) is a stablecoin issued by Gemini Trust Company, founded by Cameron and Tyler Winklevoss. It aims to merge the stability of the U.S. dollar with blockchain efficiency. Each GUSD is pegged to a U.S. dollar held in reserve, offering stability not commonly found in other cryptocurrencies like Bitcoin and Ethereum.

GUSD is regulated by the New York State Department of Financial Services (NYDFS), ensuring compliance with financial regulations and regular audits. This adds credibility and makes it a preferred choice for users seeking a reliable stablecoin. However, it faced a setback in March 2023 when it temporarily lost its 1-to-1 peg, trading at around US$0.97.

Resources

Official Whitepaper:https://www.gemini.com/static/dollar/gemini-dollar-whitepaper.pdf

Official Website: https://www.gemini.com/dollar

How Does Gemini Dollar Work?

The operation of the Gemini Dollar (GUSD) is quite straightforward and is supported by a blend of blockchain technology and banking partnerships. When someone wants to buy GUSD, they can easily do so via the Gemini exchange platform. Once purchased, an equivalent amount of U.S. dollars is securely held in reserve by the Gemini Trust Company, stored in a bank account that undergoes regular audits. This setup guarantees that for each GUSD token in circulation, there's a corresponding U.S. dollar held in reserve, thereby maintaining a 1:1 peg between the two.

Transactions involving GUSD are facilitated on the Ethereum blockchain, serving as the backbone for the token's smart contract. This arrangement enables users to send, receive, and store the token in any wallet that is compatible with Ethereum. Moreover, the smart contract that governs GUSD is carefully coded to ensure the 1:1 peg to the U.S. dollar. It also incorporates features that bolster transparency and allow for periodic auditing.

What is Gemini Dollar Token (GUSD)?

The GUSD token is the digital representation of the Gemini Dollar, built on the Ethereum blockchain and compliant with the ERC-20 standard. This enables it to integrate easily with various Ethereum wallets and decentralized applications (DApps).

Which Factors Affect Gemini Dollar Token (GUSD) Price?

While GUSD is designed to maintain a stable value of one U.S. dollar, several factors could potentially impact its price. These include:

- Regulatory Changes: Any alterations in the regulatory landscape, especially from the NYDFS, could influence the stability or utility of GUSD.

- Market Demand: While the token is pegged to the U.S. dollar, extreme fluctuations in demand could theoretically lead to slight deviations in its price. However, the Gemini Trust Company usually steps in to maintain the peg through a mechanism known as arbitrage.

- Financial Audits: Results from periodic audits could affect public perception and, consequently, demand. Positive audits affirm trust, while negative outcomes could undermine it.

- Economic Conditions: Factors like inflation or interest rates affecting the U.S. dollar could indirectly influence the appeal of holding GUSD as a stable asset.

- Technical Issues: Any vulnerabilities or issues related to the Ethereum blockchain could impact GUSD, although such risks are generally considered to be low.

Gemini Dollar's Impact on Finance

GUSD has significantly impacted the financial sector by providing a stable and transparent digital asset that serves as a bridge between traditional fiat currencies and cryptocurrencies. Its features—stability, transparency, and regulatory oversight—have earned it the trust of various stakeholders, from individual investors to financial institutions. By offering a stable and efficient medium for transactions, GUSD has broadened the use-cases for digital assets and contributed to the maturation of the cryptocurrency market.

Conclusion

In summary, the Gemini Dollar (GUSD) has been a game-changer in the financial world by offering the stability of the U.S. dollar along with the benefits of blockchain technology. Despite some setbacks, such as its temporary value fluctuation in March 2023, its regulated and transparent nature has made it a trusted option for various stakeholders. GUSD has thus played a pivotal role in making cryptocurrencies more accessible and credible, shaping the future of finance.

Trade GUSD perpetual futures

After having successfully signed up on Bitget and purchased USDT or GUSD tokens, you can start trading derivatives, including GUSD futures and margin trading to increase your income.

The current price of GUSD is $1, with a 24h price change of +0.08%. Traders can profit by either going long or short onGUSD futures.

Join GUSD copy trading by following elite traders.

After signing up on Bitget and successfully buying USDT or GUSD tokens, you can also start copy trading by following elite traders.

FAQ

What is the current price of Gemini Dollar?
We update our Gemini Dollar to USD price in real time. Get the live Price of Gemini Dollar on Bitget.
What is the 24 hour trading volume of Gemini Dollar?
Over the last 24 hours, the trading volume of Gemini Dollar is $1.91M.
What is the all-time high of Gemini Dollar?
The all-time high of Gemini Dollar is $1.27. This all-time high is highest price for Gemini Dollar since it was launched.
Can I buy Gemini Dollar on Bitget?
Yes, Gemini Dollar is currently available on Bitget’s centralized exchange. For more detailed instructions, check out our helpful How to buy guide.
Can I get a steady income from investing in Gemini Dollar?
Of course, Bitget provides a strategic trading platform, with intelligent trading bots to automate your trades and earn profits.
Where can I buy Gemini Dollar with the lowest fee?
We're pleased to announce that strategic trading platform is now available on the Bitget exchange. Bitget offers industry-leading trading fees and depth to ensure profitable investments for traders.
How does Gemini Dollar work?
GUSD is a stablecoin fully backed by cash, ensuring that for every GUSD in circulation, the Gemini Trust Company, responsible for the Gemini exchange, holds an equivalent amount in their reserves. This guarantees users can always exchange their GUSD for an equal value in US dollars (1 GUSD = $1.00).
Is Gemini Dollar a good investment?
The value of the Gemini dollar rises when the value of a dollar rises. If your intention of investing in GUSD is to prevent volatility, then it is a good investment.
How stable is Gemini Dollar?
Each GUSD circulating is completely supported by cash or cash-like assets, including bank balances, money market funds, and US treasury bills. At any moment, Gemini users can exchange 1 GUSD for $1 on the Gemini platform.
How does Gemini Dollar make money?
Most of the income is derived from transaction charges linked to order amounts. There are fees for deposits and withdrawals, though deposits in cryptocurrencies and Gemini dollars are exempted. Interchange fees are generated from a credit card service that enables everyday purchases.
Who owns Gemini Dollar?
Gemini Trust Company, LLC (Gemini) is a U.S.-based digital asset exchange and custodial service where users can purchase, trade, and hold cryptocurrencies. Established in 2014 by the Winklevoss twins, Cameron and Tyler, it's a prominent name in the crypto sector.
Is staking Gemini Dollar safe?
Gemini employs cutting-edge HSM infrastructure to handle all cryptographic keys in-house, ensuring heightened security. Moreover, keys associated with unstaking and withdrawal processes are kept in cold storage, adding an extra layer of asset safety
Buy Gemini Dollar for 1 USD
A welcome pack worth 1000 USDT for new Bitgetters!
Buy Gemini Dollar now
Cryptocurrency investments, including buying Gemini Dollar online via Bitget, are subject to market risk. Bitget provides easy and convenient ways for you to buy Gemini Dollar, and we try our best to fully inform our users about each cryptocurrency we offer on the exchange. However, we are not responsible for the results that may arise from your Gemini Dollar purchase. This page and any information included are not an endorsement of any particular cryptocurrency.

Trade

Earn

GUSD is not available for trading on the Bitget Exchange, but can be held in custody on Bitget Wallet.
You can trade other coins like BTC on Bitget.

BTC/USDT

Spot

BTC/USDT

Margin

BTC/USDT

USDT-M Futures

BTC/USD

Coin-M Futures
Buy Gemini Dollar for 1 USD
A welcome pack worth 1000 USDT for new Bitgetters!
Buy Gemini Dollar now

Related assets

People also view
People who viewed GUSD also show interest in the following cryptocurrencies.
Trending assets
Assets with the biggest change in unique page views on Bitget.com over the past 24 hours
Popular cryptocurrencies
A selection of the top 12 cryptocurrencies by market cap.
Recently added
The most recently added cryptocurrencies.
Comparable market cap
Among all Bitget assets, these 12 are the closest to Gemini Dollar in market cap.