GUSD Gemini Dollar
Source: GUSDUSD Chart by TradingView
Gemini dollar (GUSD) combines the creditworthiness and price stability of the U.S. dollar with blockchain technology and the oversight of U.S. regulators.
Gemini Dollar stablecoin circulating supply mysteriously plummets as Huobi balances disappear
The circulating supply of the Winklevoss twins’ stablecoin Gemini Dollar (GUSD) is plummeting.
Bitcoin Payments Provider BitPay Adds Gemini Dollar and USD Coin as Settlement Options
Cryptocurrency payments provider BitPay added two stablecoins for fiat-equivalent settlements at merchant-level on October 15, according to a press release.
Cardano users can now spend ADA at 40,000 US stores via Flexa network
Cardano (ADA) is now live on Gemini-backed crypto payments network Flexa.
Dogecoin (DOGE) comes to 41,000 stores via Gemini-backed payments app
Crypto payments processor Flexa now allows its customers to pay with DOGE at over 41,000 retail stores.
Metrics show 80 percent of stablecoins like Tether and Binance USD are held by only six accounts
Long touted as an alternative to fiat currencies without the volatility of digital assets like Bitcoin, stablecoins and related companies mushroomed in late-2018; with a lot of projects even getting venture funded.
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