Gemini Dollar (GUSD) is a stable cryptocurrency pegged to and backed by the US Dollar. The token created for use within the Gemini crypto exchange blends traditional fiat currency with blockchain technology.
In this article, we will take a closer look at the Gemini Dollar to understand what it is and how it functions. We shall also explore the stablecoin's use cases, predict its price through to 2030, and list exchanges where it can be traded, before determining whether it is a credible cryptocurrency investment.
So, without further ado, let's get started.
What Is The Gemini Dollar (GUSD)?Gemini Dollar or GUSD is a US dollar-denominated stablecoin issued by the cryptocurrency trading platform Gemini. The token approved by the New York Department of Financial Services (NYDFS) was launched in 2018.
