Cryptocurrency Q&A
What network is GUSD on?
What network is GUSD on?
Thunderbolt
Sat Aug 03 2024
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6 answers
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I'm curious, could you please elaborate on the network that GUSD operates on? As a cryptocurrency enthusiast, I'm always interested in understanding the technical infrastructure behind various digital assets. Is GUSD built on a popular blockchain platform like Ethereum or Bitcoin, or does it utilize a unique network of its own? I'd appreciate it if you could provide some insight into this matter.
6 answers
Lorenzo
Mon Aug 05 2024
The Gemini Dollar (GUSD) is a unique stablecoin that distinguishes itself from its counterparts in the cryptocurrency space.
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Daniela
Sun Aug 04 2024
Among the cryptocurrency exchanges that offer GUSD trading services, BTCC stands out as a notable platform. Based in the UK, BTCC provides a comprehensive suite of services including spot and futures trading, as well as a secure wallet solution.
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CoinMaster
Sun Aug 04 2024
It is designed to maintain a strict one-to-one peg with the U.S. dollar (USD), ensuring stability and reliability for users.
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Claudio
Sun Aug 04 2024
This pegging mechanism is a key factor that sets GUSD apart from other stablecoins, which may not have the same level of assurance.
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Elena
Sun Aug 04 2024
The GUSD is built on the Ethereum network, utilizing the ERC-20 standard, which provides a robust and scalable infrastructure for the token.
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