GUSD Price

GUSD is a stablecoin cryptocurrency pegged to the US dollar at a 1:1 ratio. It is an Ethereum-based ERC-20 token designed to provide a stable store of value and medium of exchange. Key features of GUSD include: - Fully backed by US dollars held in FDIC-insured bank accounts - Regularly audited to ensure 1:1 dollar backing - Can be redeemed for US dollars at any time - Built on Ethereum blockchain for transparency and programmability - Used for trading, payments, remittances, and as a safe haven during market volatility As of 2025-10-28, GUSD has a market cap of $145.29M and is ranked #339 by market capitalization. The current price is $0.9992 with a 24-hour trading volume of $5.48M. There are 145.41M GUSD GUSD tokens in circulation out of a total supply of 320M GUSD. GUSD aims to combine the stability and trust of traditional finance with the efficiency and accessibility of blockchain technology. It provides a bridge between fiat and crypto markets, enabling users to easily move between USD and digital assets.

GUSD was created on September 10, 2018. It was launched by Gemini, a regulated cryptocurrency exchange and custodian, as a stablecoin pegged to the US dollar. GUSD aims to combine the creditworthiness and price stability of the USD with the technological advantages of a cryptocurrency. Each GUSD token is backed by one US dollar held in reserve by Gemini, providing a 1:1 exchange rate. As of 2025-10-28, GUSD has a circulating supply of 145.41M GUSD and a total market cap of $145.29M.

The founders of GUSD are Cameron and Tyler Winklevoss, who established the cryptocurrency in 2018. As the co-founders of Gemini, a regulated cryptocurrency exchange and custodian, they created GUSD as a USD-pegged stablecoin to bridge the gap between traditional finance and the crypto world. The Winklevoss twins aimed to provide a transparent and compliant stablecoin option, leveraging their experience in both the tech and financial sectors. GUSD was launched on the Ethereum blockchain, offering users a stable digital asset backed by US dollars held in FDIC-insured bank accounts.

GUSD works as a stablecoin pegged to the US dollar at a 1:1 ratio. It is backed by reserves of cash and short-term US Treasury bonds held in FDIC-insured bank accounts. Users can mint GUSD by depositing USD or redeem it for USD at any time. The token is built on the Ethereum blockchain as an ERC-20 token, allowing for easy integration with decentralized finance (DeFi) applications. GUSD aims to combine the creditworthiness and price stability of the US dollar with the technological advantages of cryptocurrencies. It provides a bridge between traditional finance and the crypto ecosystem, enabling fast, low-cost transfers and programmable money features. As of 2025-10-28, GUSD has a circulating supply of 145.41M GUSD and a market cap of $145.29M. The current price is $0.9992, with a 24-hour trading volume of $5.48M.

GUSD is built on the Ethereum blockchain as an ERC-20 token. Its technical architecture includes: 1. Smart contracts: Deployed on Ethereum to manage token issuance, redemption, and transfers. 2. Proof of reserves: Regular audits and attestations to ensure 1:1 backing with USD reserves. 3. Compliance features: Built-in mechanisms for KYC/AML compliance and regulatory reporting. 4. Security measures: Multi-signature wallets, cold storage, and other security protocols to protect user funds. 5. Integration with Ethereum ecosystem: Compatibility with decentralized exchanges, wallets, and DeFi protocols. 6. Minting/burning mechanism: Allows for creation and destruction of tokens to maintain the 1:1 peg with USD. 7. Transparency tools: On-chain data and public dashboards to track token supply and reserves. This architecture enables GUSD to function as a stable, regulatory-compliant digital dollar on the Ethereum network, with a total supply of 320M GUSD as of 2025-10-28.

The future and roadmap of GUSD look promising. As a stablecoin backed by real-world assets, GUSD aims to maintain its 1:1 peg to the US dollar while offering users daily yield. Key developments include: 1. Expanding ecosystem: GUSD is working on integrating with more DeFi protocols and expanding its use cases beyond trading and collateral. 2. Improved transparency: Regular audits and real-time reserve reporting are planned to enhance trust and compliance. 3. Cross-chain compatibility: GUSD aims to be available on multiple blockchains to increase accessibility and reduce transaction costs. 4. Yield optimization: The team is exploring new strategies to maximize returns from underlying assets while maintaining stability. 5. Institutional adoption: Efforts are underway to increase GUSD's use in institutional finance and cross-border transactions. By 2026, GUSD aims to be among the top 10 stablecoins by market cap. Long-term goals include becoming a preferred stablecoin for both retail and institutional users, with a projected market cap of $145.29M by 2030. While maintaining stability remains the primary focus, GUSD also seeks to offer competitive yields to attract more users to its ecosystem.