Gemini DollarGUSD#556

Gemini Dollar is a USD-backed stablecoin issued by Gemini Trust Company, a New York trust company regulated by U.S. authorities. You get a 1-to-1 peg with the U.S. dollar — deposit dollars on Gemini, receive GUSD tokens on the Ethereum network. The backing is straightforward: every GUSD in circulation corresponds to actual U.S. dollars held at a U.S. bank with FDIC pass-through deposit insurance protection. An independent registered public accounting firm verifies the 1-to-1 peg monthly through examination of the U.S. dollar reserve balance. All audit reports are published publicly, so you can check the reserves yourself. This transparency and regulatory oversight distinguish GUSD from other stablecoins operating without formal bank examination. Use GUSD for Ethereum-based transactions where you need dollar stability. The token combines blockchain functionality with traditional banking safeguards — no conversion fees on Gemini, straightforward redemption back to USD.