What is Gemini Dollar?

Gemini Dollar (GUSD) is a stablecoin currently ranked 301st by market capitalization across all crypto assets we track. Stablecoins are designed to track a target value (most often $1). They are the primary on-chain settlement layer for trading, lending, and remittance.

Market position

At the current price of $0.9994, Gemini Dollar carries a market capitalization of $50.46M. Daily trading volume across exchanges sits at roughly $687.59K. That works out to a 24-hour turnover of about 1.36% of the float — lower than the broad crypto market average, suggesting limited short-term speculative flow.

Price action across timeframes

Over the past 24 hours, Gemini Dollar has moved ++0.02%. Short-term and long-term direction diverge here, which often happens at inflection points where a trend is either reversing or pausing.

Cycle position

Gemini Dollar is currently trading well below its all-time high (all-time high of $1.65, -39.5% from peak). A markdown phase — early enough to position, but proceed with care. From its all-time low of $0.8010, current pricing represents a +25% recovery.

Supply & dilution

The circulating supply stands at 65,953,754 GUSD. There is no explicit cap on maximum supply — issuance follows a programmatic schedule defined in the protocol.

Volatility profile

Recent price action puts Gemini Dollar in the Low-volatility bucket. The asset has been relatively stable, with moves typical of large-cap, mature assets.

How to evaluate Gemini Dollar

A balanced read on GUSD typically considers three lenses:

  • Network & on-chain activity — does usage justify the valuation? Live activity (above) should ideally trend up over time.
  • Cycle position — current price relative to ATH (above) sets the risk/reward asymmetry. Closer to ATL is mathematically lower downside; closer to ATH is higher downside.
  • Comparable assets — how is GUSD performing against the broader crypto market (BTC, total market cap) and against peers in the same sector? The benchmarks chart on this page shows this directly.

This page combines live market data, on-chain stats where available, exchange-by-exchange volume, and our forecast model so you can answer those three questions in one place. Nothing on this page is investment advice — it's a structured starting point for your own due diligence.

Project description

Gemini Dollar (GUSD) is a regulated stablecoin backed by the US dollar, ensuring 1:1 parity and offered by the Gemini cryptocurrency exchange. It is designed for seamless transactions on the blockchain while adhering to compliance standards. Source: CoinPaprika.com