Gemini Dollar
Market Open
15 Jun, 00:21
$
0. 002819
-0.000021
-0.7394%
$
51,290 Volume
$ 0.00284
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GUSD Overview
GUSD/USD denotes the market price of the Gemini Dollar (G) measured in United States dollars (USD). It indicates how many USD are required to acquire one unit of the Gemini Dollar on trading venues where the pair is listed.
The Gemini Dollar is an ERC‑20 stablecoin introduced in 2018 by the Gemini cryptocurrency exchange and issued by Paxos Trust Company. It is a blockchain-based token designed to maintain a one-to-one peg with the U.S. dollar, backed by reserves held in cash and short-term government instruments and subject to regulatory oversight and periodic attestations. There is no fixed supply; tokens are minted and redeemed in response to demand.
GUSD price formation is driven by supply and demand across exchanges, order-book liquidity, arbitrage activity, and institutional redemptions or issuances. Market sentiment, counterparty or custodian news, and broader macroeconomic or regulatory developments can produce short-term deviations from the $1 peg. Exchange spreads and liquidity conditions also influence quoted prices.
For traders and investors, GUSD serves as a stable medium of exchange and a settlement asset, facilitating risk management, hedging, and fiat on/off ramps. Its regulated structure makes it relevant for participants prioritizing compliance and transparent reserve accounting.
The token typically exhibits low volatility relative to other cryptocurrencies, though liquidity varies by venue and temporary dislocations can occur during market stress.
The Gemini Dollar is an ERC‑20 stablecoin introduced in 2018 by the Gemini cryptocurrency exchange and issued by Paxos Trust Company. It is a blockchain-based token designed to maintain a one-to-one peg with the U.S. dollar, backed by reserves held in cash and short-term government instruments and subject to regulatory oversight and periodic attestations. There is no fixed supply; tokens are minted and redeemed in response to demand.
GUSD price formation is driven by supply and demand across exchanges, order-book liquidity, arbitrage activity, and institutional redemptions or issuances. Market sentiment, counterparty or custodian news, and broader macroeconomic or regulatory developments can produce short-term deviations from the $1 peg. Exchange spreads and liquidity conditions also influence quoted prices.
For traders and investors, GUSD serves as a stable medium of exchange and a settlement asset, facilitating risk management, hedging, and fiat on/off ramps. Its regulated structure makes it relevant for participants prioritizing compliance and transparent reserve accounting.
The token typically exhibits low volatility relative to other cryptocurrencies, though liquidity varies by venue and temporary dislocations can occur during market stress.
GUSD Chart
GUSD FAQ
What is the current Gemini Dollar price?
The current price is $0.002819, based on the latest trades across major cryptocurrency exchanges.
What does the price change mean?
The price has changed by -0.000021 (-0.7394%), showing how much the asset has moved compared to the previous close.
What is the previous close for Gemini Dollar?
The previous close was $0.002840, which serves as a reference point to measure daily performance.
How is the daily change percentage calculated?
The change percentage (-0.7394%) is calculated based on the difference between the current price and the previous closing price.
What does the daily range show?
The range reflects the lowest ($0.002819) and highest ($0.002850) prices traded during the selected period, helping assess volatility.
Why is Gemini Dollar (G) moving today?
Price movements in Gemini Dollar are driven by market sentiment, trading volume, news, adoption, and overall crypto market conditions.
Is the current trend bullish or bearish?
If the current price ($0.002819) is below the previous close ($0.002840), it indicates upward momentum. If below, it suggests a downward trend.
Where can I see live charts for Gemini Dollar?
You can view real-time charts, price updates, and market data for Gemini Dollar (G) directly on this page.
