Gemini USD

The Gemini dollar (GUSD) is a stablecoin issued by Gemini, a New York trust company regulated by the NY State Department of Financial Services. Pegged 1:1 to the U.S. dollar, it merges the stability of the USD with the benefits of cryptocurrency. GUSD undergoes monthly audits by BPM to ensure parity between USD reserves and GUSD in circulation. Its ledger is transparently stored on the Ethereum blockchain and has been security-audited by Trail of Bits. Available on multiple exchanges, GUSD incorporates full KYC and AML screening for enhanced security and compliance.