Gemini Dollar

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Gemini Dollar (GUSD) is a token deployed on Ethereum as stablecoin. It is pegged 1 to 1 to the US Dollar and is 100% backed by Gemini's reserves. It markets itself as the only stablecoin that has met every regulatory requirement, with monthly audits from third party public accounting firms. However, despite having the cryptocurrency celebrity status of the Winklevoss twins, GUSD is still not seeing a big adoption rate with traders. Compared to other stablecoins GUSD is not as widely used.