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About Gemini Dollar
Gemini Dollar (GUSD) is a stablecoin issued by the Gemini cryptocurrency exchange that is pegged 1:1 to the US dollar, designed to provide a reliable medium of exchange and store of value with minimal price volatility. Each GUSD token is backed by actual US dollar reserves held in segregated bank accounts and is regulated under New York's BitLicense framework, offering users transparency and regulatory oversight. What distinguishes GUSD from other stablecoins is its emphasis on regulatory compliance, regular third-party audits, and integration within the Gemini exchange ecosystem, making it particularly appealing to institutional investors and users seeking a trustworthy dollar-backed digital asset.
