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).

Gemini Dollar news today, GUSD crypto latest news of token ticker

Gemini Dollar

We’re pleased to highlight more details on the reserves backing Gemini dollar (GUSD), our U.S. dollar-backed stablecoin.  

On the Gemini Trust Center, we now offer a full breakdown of the U.S. Treasury Obligations backing GUSD, including CUSIP numbers, maturity dates, weighted… https://t.co/0FyeNLGCGv https://t.co/DdSzSSQfCs

We're pleased to highlight more details on the reserves backing Gemini dollar (GUSD), our U. dollar-backed stablecoin.