Gemini Dollar is a regulated stable coin. Gemini Dollar developers especially emphasize the transparency and manageability of this cryptocurrency, since it is under the supervision of the New York State Department of Financial Services (NYDFS) and is subject to US laws and regulations. The dollars that are attached to the coin are stored in a special bank account of the American holding company State Street Corporation, in addition, the account where the dollars are stored is insured with the Federal Deposit Insurance Corporation (FDIC).

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GUSD Joins Loop Crypto Ecosystem to Power Crypto Payments | Gemini

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💡🔋 We support Loop Crypto’s mission to make crypto payments more accessible.

Adding GUSD to the @loopcrypto_xyz ecosystem will allow dozens of Web3 companies to process millions of transactions using $GUSD

We support Loop Crypto's mission to make crypto payments more accessible.