What Gemini Dollar is designed to do
Gemini Dollar (GUSD) is a fiat-backed stablecoin, currently ranked 258th by market capitalization among the assets we track. Unlike volatile crypto assets, Gemini Dollar targets a fixed value backed by off-chain reserves. Holders use it to park value, settle trades, and move money — its entire value proposition is that it does not move.
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.
How the peg is meant to hold
The mechanism is straightforward in theory — one token, one unit of reserve — but it depends entirely on the issuer actually holding and honoring those reserves. Attestation quality is therefore the core risk.
GUSD is not mined; it is issued as a token rather than secured by its own mining or staking layer.
Background & fundamentals
Gemini Dollar operates under a centralized structure, which concentrates protocol decisions in an identifiable issuer or foundation. Its codebase is open-source, meaning the implementation can be audited rather than taken on trust. The project publishes a whitepaper documenting its original design, which is worth reading before sizing any position in GUSD.
CoinPaprika classifies the project's development status as "Working product". In sector terms it is most often filed under Stablecoin and Ethereum (ETH) Token (ERC-20).
Where Gemini Dollar sits in the market
With GUSD near $0.9995, Gemini Dollar carries a market capitalization of $50.46M. Around $992.35K changes hands across exchanges in a typical 24-hour window. That is a turnover of about 1.97% of the float — on the quieter side, which can mean thinner liquidity for large orders.
Gemini Dollar carries no fixed maximum supply; issuance follows a programmatic schedule rather than a hard cap. The token is roughly -39% under its record of $1.65 — a meaningful but not catastrophic drawdown. Measured from its all-time low of $0.8010, GUSD is up +25%.
What the price history shows
The tape currently reads 7-day +0.02%. Within its 366-day range, GUSD sits around the middle (the 50th percentile of recent daily closes).
Volatility profile
Recent action puts Gemini Dollar in the Low-volatility band — it has been relatively stable, with moves typical of large-cap, mature assets.
How to evaluate a stablecoin like Gemini Dollar
The honest checklist for GUSD is short:
- Reserve quality — what backs GUSD — cash and short Treasuries are safer than commercial paper or crypto collateral — and who attests to it.
- Redemption access — whether holders can actually redeem at par, and how quickly, under stress.
- Regulatory standing — the issuer's jurisdiction and licensing, which increasingly determines which stablecoins survive at scale.
This page pulls live market data, on-chain stats where available, exchange-by-exchange volume, and our forecast model into one view so you can work through those questions in a single place. None of it is investment advice — it is a structured starting point for your own research.
