As stablecoins see greater capital inflows and adoption, regulators will likely take a harder look at their compliance status.
About Gemini Dollar
The Gemini Dollar 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.
What's going on with GUSD?
Although GUSD is not available to trade, you can get price alerts, news, and more with a Coinbase account.