Convert XION XION to Gemini Dollar GUSD
XION to GUSD: 1 XION converts to 0.09954 GUSD
About XION and GUSD
XION is falling, while Gemini Dollar is climbing this week. The current XION to GUSD conversion rate is 0.09954. Inversely, this means that if you convert 1 GUSD you will get 10.05 XION. The conversion rate of XION/GUSD has increased by 0.21% in the last hour (GUSD/XION decreased by 0.21%). In the last 24 hours, XION/GUSD shrunk by 1.59%, while GUSD/XION grew by the same amount.
The exchange rate of XION is decreasing. The current value of 1 XION is 0.09954 GUSD. In other words, to buy 5 XION, it would cost you 0.49771 GUSD. Inversely, 1 GUSD would allow you to trade for 10.05 XION while 50 GUSD would convert to 502.30 XION, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 7.84%. Meanwhile, in the last 24 hours, the rate has changed by 1.63%, and that the highest exchange rate of 1 XION to GUSD was 0.1017 GUSD and the lowest 24 hour value was 1 XION for 0.09871 GUSD. Last month, 1 XION was worth 0.12 GUSD. Today, it's down 20.53%. Looking back a year, XION has changed by 1.04 GUSD. That means that in a single year, the value of XION has shrank by 940.28%.
XION Market Stats
XION is the first L1 purpose-built for mainstream adoption. **What is XION?** XION is a blockchain built for everyone, everywhere through chain abstraction. Utilizing its Generalized Abstraction layer, XION distinguishes itself by integrating complex blockchain functionalities, such as accounts, signatures, and interoperability, directly at the protocol level. This approach allows for engagement with blockchain applications without needing to understand the underlying technologies. XION is the native utility token that is used for: - Network Usage Fees: Transactions on the XION network incur fees, which are used innovatively to offset the minting of new tokens. This mechanism means that as network usage increases, the offsetting of fees could lead to a deflationary token model. - Proof of Stake Security: As a proof-of-stake network, XION relies on validators to maintain its integrity. $XION token holders can delegate their tokens to validators or stake their tokens to run their own validator nodes. In addition, instead of calculating inflation against all tokens, the XION network calculates against only staked tokens. This vastly reduces the token’s overall inflation, leading to much more sustainable economics of the network. - Governance: $XION token holders can actively participate in network governance by proposing and voting on proposals. - Medium of Exchange & Collateral: $XION can be utilized as native liquidity and collateral within the ecosystem. It can also facilitate peer-to-peer transactions across applications and accounts within the XION ecosystem. **What makes XION unique?** Generalized Abstraction Layer: XION's foundational feature is its Generalized Abstraction layer, designed to simplify blockchain technology's complexities. This innovation aims to address the primary challenges that have prevented widespread blockchain adoption, providing a comprehensive solution for users and developers. Meta Accounts: A distinctive element of XION, Meta Accounts, abstracts the traditional key model, enabling varied authentication methods. This feature facilitates a user-friendly transition from traditional web experiences to blockchain-based applications. Signature and Device Abstraction: Through a signature-agnostic approach, XION accommodates transactions authenticated via common methods like email and biometrics. This inclusivity extends to device usage, ensuring seamless interactions across multiple platforms, thereby boosting security and user accessibility. Parameterized Fee Layer: XION introduces a parameterized fee system that abstracts fees, enhancing user convenience. Furthermore, this system supports transactions denominated in stablecoins, such as USDC, enabling familiar pricing and stability. Abstracted Interoperability: Focusing on interoperability, XION ensures that its Meta Accounts are compatible across diverse blockchain ecosystems. This feature enhances the user experience by facilitating effortless cross-chain interactions through chain abstraction. **Who are the founders of XION?** Burnt is the research and development company that first began contributing to XION blockchain. Burnt Banksy, the founder, purchased a painting by the internationally famous artist Banksy, incinerated it, and then created an authenticated 1 of 1 NFT representation, selling it for more than the original physical artwork. His actions demonstrated the concept of digital scarcity on the world stage, making NFT community history and receiving universal acclaim in the process. The story was covered by leading publications including Bloomberg, CoinDesk, GQ, CoinTelegraph, BBC, CBS, HYPEBEAST, Art.Net, TechCrunch, and many others. He is often cited as one of the catalysts for NFTs as well as being cited in the wikipedia for the word NFT. **How is XION secured?** XION operates on a Tendermint-based proof-of-stake (PoS) consensus mechanism. Prominent validators help to secure the network while making it more decentralized as well. XION is backed by industry leaders such as Animoca, Circle, Multicoin, Arrington, Spartan, Draper Dragon, Hashkey, GoldenTree, Mechanism, Morningstar Ventures, Figment, Play Ventures, Valor, Sfermion, Kucoin Ventures, MH Ventures, Laser Digital (Nomura) and more.
Gemini Dollar Market Stats
GUSD is a stablecoin running on Ethereum that attempts to maintain a value of US $1.00. The supply of GUSD is collateralized by US dollars held at State Street Bank. Users can buy and redeem GUSD through the Gemini cryptocurrency exchange.
Conversion tables
XION to GUSD values from Today at 6:00 pm
0.5 XION = 0.04977 GUSD |
1 XION = 0.09954 GUSD |
5 XION = 0.4977 GUSD |
10 XION = 0.9954 GUSD |
50 XION = 4.98 GUSD |
100 XION = 9.95 GUSD |
500 XION = 49.77 GUSD |
1,000 XION = 99.54 GUSD |
GUSD to XION values from Today at 6:00 pm
0.5 GUSD = 5.02 XION |
1 GUSD = 10.05 XION |
5 GUSD = 50.23 XION |
10 GUSD = 100.46 XION |
50 GUSD = 502.30 XION |
100 GUSD = 1,004.59 XION |
500 GUSD = 5,022.97 XION |
1,000 GUSD = 10,045.95 XION |
XION to GUSD over time
XION | Today | 24H -1.63% | 1M -20.53% | 1Y -940.28% |
|---|---|---|---|---|
0.5 XION | 0.04977 GUSD | 0.05058 GUSD | 0.05999 GUSD | 0.5178 GUSD |
1 XION | 0.09954 GUSD | 0.1012 GUSD | 0.12 GUSD | 1.04 GUSD |
5 XION | 0.4977 GUSD | 0.5058 GUSD | 0.5999 GUSD | 5.18 GUSD |
10 XION | 0.9954 GUSD | 1.01 GUSD | 1.20 GUSD | 10.36 GUSD |
50 XION | 4.98 GUSD | 5.06 GUSD | 6.00 GUSD | 51.78 GUSD |
100 XION | 9.95 GUSD | 10.12 GUSD | 12.00 GUSD | 103.55 GUSD |
500 XION | 49.77 GUSD | 50.58 GUSD | 59.99 GUSD | 517.76 GUSD |
1,000 XION | 99.54 GUSD | 101.17 GUSD | 119.98 GUSD | 1,035.52 GUSD |
Frequently asked questions
Right now, 1 XION is worth about $0.09942.
Based on the current rate, you could get 10.06 XION for 1 USD.
XION price has been declining. Since yesterday, the exchange rate of XION has decreased. Since last month, the exchange rate of XION has decreased. Since this time last year, the price of XION has decreased.
You can use our XION to USD calculator at the top of this page to convert any amount of XION to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 50.29 XION. Inversely, 5 XION will cost about $0.4971
XION can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy XION.
There are a number of crypto assets that have the a similar or comparable market cap to XION, including XION, Ambire AdEx, and Tradoor. For a more robust list of assets to explore, jump to the asset page dedicated to XION.
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