Gemini Dollar (GUSD) – Regulated Stablecoin by Gemini Trust
1. Overview
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Stablecoin: GUSD
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Issuer: Gemini Trust Company, LLC, a NYDFS‑regulated trust
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Blockchain: Ethereum (ERC‑20)
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Launch: September 2018
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Type: Fiat-backed, 1:1 USD redeemable
2. Use Case
GUSD serves as a stable, regulated digital dollar for:
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Institutional payments, DeFi lending, and trading on platforms like Aave and Uniswap
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Fiat on/off‑ramps and TX settlement
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Programmable finance and tokenized asset systems
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Merchant payments and remittances globally
3. Governance & Compliance
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Issuer regulated by the NYDFS
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Reserves held in FDIC-insured commercial bank accounts, U.S. Treasuries (<3 months), and money-market funds
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Monthly attestations performed by BPM LLP
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Smart-contract security includes upgrade mechanisms, whitelisting, and pausing capabilities
4. Customer Feedback & Reputation
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No Trustpilot rating (not consumer-facing)
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Valued for strong regulatory compliance, resilience, and security among institutions
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Cited by analysts for integrity and risk management compared to more speculative stablecoins
5. CU Background Check
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Gemini was founded by Tyler & Cameron Winklevoss; a licensed NYC trust since 2015
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In December 2023, S&P Global rated GUSD “Strong”:
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Asset strength: 1 (“very strong”) – low‑risk reserves
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Stability: 2 – slightly limited by lower market liquidity
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6. Crypto‑Economics
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Fiat-to-token minting/redemption via smart contracts
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Circulating supply and reserve backing are publicly verifiable on-chain
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Peg maintained at $1 due to redemption mechanisms and on-exchange demand
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Secondary-market liquidity is modest compared to top stablecoins
7. Backing & Value Stability
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Reserves are fully backed by U.S. dollars in FDIC-insured accounts, U.S. Treasuries, and money-market funds
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Treasury holdings maturity <90 days keeps interest‑rate sensitivity low
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Monthly audits by BPM + NYDFS oversight ensure sound reserve policy
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No reported peg failures; direct redemption usually completes within one business day
8. Final CyberFinance Compliance Rating
| Category | Rating | Notes |
|---|---|---|
| Authorization | 🟢 GREEN | NYDFS-regulated trust with U.S. oversight |
| Transparency | 🟢 GREEN | Monthly audits, public supply verification |
| Client Feedback | 🟢 GREEN | Trusted by institutions, proven compliance |
| Financial Soundness | 🟢 GREEN | Fully-backed, strong liquidity, backed by S&P rating |
🟢 Final Rating: GREEN SIGNAL
GUSD meets Ratex42’s criteria for being fully fiat-backed, regulated, transparent, and secure. It ranks among the most institutionally reliable stablecoins available today.
📌 Ratex42 Summary
Gemini Dollar offers:
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Robust legal/regulatory compliance
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General public trust supported by reserve audits
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Granting a safe, regulated stablecoin for global and institutional use
