GeminiDollar

GUSD is a regulated stablecoin issued by Gemini Trust Company, a leading cryptocurrency exchange founded by the Winklevoss twins. GUSD is designed to provide stability and retain a value equal to the US dollar on a 1:1 basis. It offers the benefits of traditional fiat currency, such as stability and familiarity, while also leveraging the advantages of blockchain technology, such as fast and secure transactions. GUSD can be used for various applications, including trading, remittances, and as a store of value. The regulated nature of GUSD provides users with reassurance regarding the asset's collateralization and adherence to regulatory requirements.