Cryptocurrency Q&A
How much is a Gemini Dollar worth today?
How much is a Gemini Dollar worth today?
Carlo
Thu Aug 01 2024
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7 answers
1978
Excuse me, I was wondering if you could shed some light on the current value of the Gemini Dollar? As an investor in the cryptocurrency space, it's important for me to stay up-to-date on the market fluctuations and understand the worth of various digital assets. Could you please provide me with the most recent information on the Gemini Dollar's value in today's market? I appreciate your time and expertise in this matter.
7 answers
Maria
Sat Aug 03 2024
The Gemini Dollar (GUSD) is a stablecoin that is pegged to the value of the US dollar. This means that the price of GUSD is designed to remain stable and closely track the value of the USD.
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Lucia
Sat Aug 03 2024
Additionally, GUSD is issued and managed by Gemini Trust Company, a reputable and well-regulated cryptocurrency exchange. This adds an extra layer of trust and security for users of the coin.
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Valentina
Sat Aug 03 2024
The live Gemini Dollar price today is $1.00 USD, reflecting its stable nature and peg to the US dollar.
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Rosalia
Sat Aug 03 2024
The 24-hour trading volume of GUSD is currently $640,272 USD, indicating a significant amount of trading activity and liquidity for the asset.
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Andrea
Sat Aug 03 2024
As a stablecoin, GUSD offers several benefits to traders and investors. Its stability makes it an attractive option for those looking to hedge against market volatility or to use as a medium of exchange.
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