GUSDPrice(GUSD)
Details GUSD (GUSD) Price information (USD)
The current real-time price of GUSD is $1.000876. In the past 24 hours, GUSD has traded between $0.9953 and $1.002393, showing strong market activity. The all-time high of GUSD is $1.022, and the all-time low is $0.9792.
From a short-term perspective, the price change of GUSD over the past 1 hour is
GUSD (GUSD) Market Information
GUSD (GUSD) Today's Price
The live price of GUSD today is $1.000876, with a current market cap of $149.921M. The 24-hour trading volume is 2M. The price of GUSD to USD is updated in real time.
GUSD (GUSD) Price History (USD)
What is GUSD (GUSD)?
When is the right time to buy GUSD? Should I buy or sell GUSD now?
Before deciding whether to buy or sell GUSD, you should first consider your own trading strategy. Long-term traders and short-term traders follow different trading approaches. LBank’s GUSD technical analysis can provide you with trading references.
Future price trend of GUSD
What will the value be? You can use our price prediction tool to conduct short-term and long-term price forecasts for GUSD.
How much will GUSD be worth tomorrow, next week, or next month in ? What about your GUSD assets in 2025, 2026, 2027, 2028, or even 10 or 20 years from now? Check now! GUSD Price Prediction
How to buy GUSD (GUSD)
Convert GUSD to local currency
GUSD Resources
To learn more about GUSD, consider exploring other resources such as the whitepaper, official website, and other published information:
Hot Events
GUSD (GUSD) FAQ
What is GUSD and how does it work?
GUSD, or Gemini Dollar, is a stablecoin pegged 1:1 to the US dollar, meaning one GUSD is always equivalent to one US dollar. It operates on the Ethereum blockchain as an ERC-20 token. GUSD aims to provide the stability of fiat currencies with the flexibility and speed of blockchain technology. Its value is backed by US dollars held in US-based bank accounts, which are verified monthly by independent auditors.
What makes GUSD unique compared to other stablecoins?
GUSD stands out due to its strong regulatory framework and transparency. It was one of the first regulated stablecoins, having received approval from the New York State Department of Financial Services (NYDFS) in 2018. Its reserves are held in FDIC-insured accounts and undergo monthly attestations by an independent accounting firm, ensuring transparency and trust. Some versions of GUSD also offer yield-bearing features, automatically distributing daily rewards from sources like tokenized U.S. Treasuries, ecosystem revenue, and stablecoin strategies.
How does GUSD compare to other major stablecoins like USDT and USDC?
When compared to stablecoins like USDT and USDC, GUSD is often highlighted for its robust regulatory compliance and security. While USDT has strong liquidity, its reserve transparency has faced questions. USDC is also known for compliance and transparency but its reliance on traditional banking systems has exposed it to potential risks, such as the de-pegging event during the Silicon Valley Bank incident. GUSD aims to offer higher security and, in some cases, higher yields through real-world asset (RWA) empowerment strategies.
What are the main use cases for GUSD?
GUSD can be used for various purposes in the crypto ecosystem. It provides price stability, allowing traders and investors to park funds during volatile market conditions. It is integrated into Decentralized Finance (DeFi) platforms for lending, borrowing, and staking. GUSD also facilitates crypto payments, cross-border transactions, and yield generation. Developers can use it for stablecoin payments for businesses, DeFi liquidity, staking, and NFT marketplace transactions.
Is GUSD safe and transparent?
Yes, GUSD emphasizes security and transparency. Each GUSD token is fully backed 1:1 by US dollar reserves held in segregated, FDIC-insured accounts. These reserves are verified through monthly independent audits by BPM LLP, and the smart contracts are audited by security firms like Trail of Bits. The issuer is regulated by the NYDFS, providing an additional layer of oversight and consumer protection.
How can one acquire or redeem GUSD?
GUSD can be acquired or redeemed through supported platforms, including LBank. It can also be traded on various other third-party exchanges.
