description Gemini Dollar (GUSD) Overview
Gemini Dollar (GUSD) is a stablecoin issued by the Gemini exchange, backed by US dollars held in trust. It's designed to be a regulated and compliant stablecoin option. While it offers a degree of security and regulatory oversight, it's a custodial stablecoin, meaning Gemini holds the underlying assets. This centralized control can be a drawback for some traders who prefer decentralized solutions.
Liquidity is generally good, but not as high as USDT or USDC.
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