Crypto exchange Gemini had no funds at Signature Bank, and its Gemini US Dollar (GUSD) stablecoin was not backed by any deposits at the failed bank, according to a March 13 official tweet from the com...
Tag: GUSD
Gemini had no customer funds, GUSD at Signature Bank
Crypto exchange Gemini said it held no customer funds or Gemini dollars (GUSD) at Signature in the wake of the bank’s closure by regulators on Sunday. While it used to partner with Signatu...
Gemini Dollar Price Prediction After OKX Exchange Delists GUSD
Join Our Telegram channel to stay up to date on breaking news coverage Gemini Dollar (GUSD), a stablecoin famous for combining the creditworthiness and price stability of the U.S. dollar (USD) with th...
OKX Declares Delisting of Gemini-backed Stablecoin GUSD
OKX has declared to delist the GUSD. GUSD flash exchange services would proceed offline at 16:00 (UTC+8) on 1 Feb. The GUSD flash exchange services would no longer be backed up by flash swaps. Seychel...
GUSD Stablecoin Loses Dollar Peg After OKX Delisting
The Gemini Dollar (GUSD) has been experiencing some fluctuations, with the stablecoin losing its peg over the past week. The exchange is currently the center of attention for its Gemini Earn program. ...
MakerDAO supports holding GUSD Stablecoin as a part of reserve in early voting
77.72% of the votes are in favor to keep the GUSD ceiling stuck at $500 million. 22.28% of votes are for decreasing it to zero The fluctuating votes The community of MakerDAO, a decentrali...
Will MakerDAO hold Gemini’s GUSD in its reserve? Early voting numbers suggest…
MakerDAO’s community is voting to decide if Gemini’s GUSD should be maintained in its reserves. Early poll stats suggest that the stablecoin will be retained by the DeFi lender. Leading DeFi platform ...
MakerDAO Community Debates Holding GUSD As Part Of Reserve
The MakerDAO community is voting on keeping Gemini’s GUSD stablecoin as part of the protocol’s reserves amidst insolvency concerns. MakerDAO and its community are concerned about DAI’s exposure to Ge...
Gemini, GUSD start losing followers as metrics hit all time lows
Glassnode data analyzed by CryptoSlate shows that the U.S.-based crypto exchange Gemini and its stablecoin Gemini Dollar (GUSD) are starting to lose followers and the community’s trust as metrics fall...
Gemini reveals $601M GUSD backing, 45+ licenses amid global exchange turmoil
The Winklevoss Twins-backed exchange Gemini has announced a “Trust Center” to display a breakdown of funds held on the platform. The page, hosted on the Gemini website, reveals that it holds over $4.6...
GUSD Borrow Rates Spike From Brief Hysteria
Borrowing rates of Gemini’s stablecoin GUSD jumped to upwards of 83% on decentralized lending platform Aave on Wednesday morning after the centralized exchange announced that it would be halting the G...
Gemini wants to boost GUSD stablecoin volume in MakerDAO
Gemini has submitted a proposal on the MakerDAO forum to boost the adoption of the Gemini dollar (GUSD) stablecoin in the latter’s ecosystem by paying a fixed yield on the GUSD balance in MakerDAO’s v...
Gemini Dollar (GUSD): Will It Triumph The Stablecoin Space?
Gemini dollar (GUSD) merges the price stability and creditworthiness of the US Dollar along with the upgraded technologies utilized by a cryptocurrency. GUSD is a stablecoin backed by the US Dollar a...
Stablecoin Economy Grows Close to 10% Larger in 54 Days — GUSD, BUSD, USDC Issuance Jumps – Altcoins Bitcoin News
At the end of December 2021, the stablecoin economy’s market valuation was around $168.3 billion and since then, it has increased 9.92% to $185 billion in value. A number of stablecoins have issued mo...