Stablecoin profileLIVE

Gemini Dollar (GUSD) stablecoin

In short: GUSD is a USD-pegged stablecoin issued by Gemini. Token authorisation on record: New York only (NYDFS). Below: live peg deviation, peg history, issuer, licences and FAQ.

Issuer profile → Gemini

Live peg LIVE
$0.9983Peg target: $1.0000 (USD)Watch

Deviation: -17.3 bps (-0.17%) · Market cap: $34.4M

Sources: CoinGecko, DefiLlama · CoinGecko ↗ · Median of the available sources, refreshed in your browser. A deviation here is not a confirmed depeg.

Token legal status

GUSDRegulator-confirmed token authorisation
(1) Entity licence / registration
Gemini Trust Company, LLC
NYDFS · Limited Purpose Trust Charter
Active · 2015-10 · Specific record (NYDFS list row) dfs.ny.gov ↗
(2) Authorisation to issue this token
New York only (NYDFS)
NYDFS Greenlist: “Gemini Dollar* GUSD”
Specific record (list row) dfs.ny.gov ↗
Token legal status last checked: 27 Oct 2026

Issuer & legal entity

IssuerGemini
Legal entityGemini Trust Company, LLC
HeadquartersNew York, US
Backing mechanismFiat-backed (USD)
Reserve mixCash, US T-bills
Reserves & attestationMonthly attestation by BPM LLP assets.ctfassets.net ↗
CustodyPer reserve report
Redemption1:1 via Gemini account

Transparency Score (issuer)

52
Transparency Score
Weighted from public, sourced inputs · 94% of inputs available
Not legal advice; algorithmic assessment from public sources.

Our opinion based on public data as of 12 Nov 2026. Not a regulatory decision or a credit rating.

Issuer profile → Gemini

Issuer licences, registrations & token status

Issuer-level records from the Gemini profile; each row links to the official register or source.

JurisdictionRecordStatusSource
US-NYLimited Purpose Trust Charter — Gemini Trust Company, LLC (NYDFS regulated-entities list) · NYDFSAuthorized
2015-10
Verified
EU-MTMiCA CASP — Gemini Intergalactic EU Ltd (ESMA CASP register) · MFSAAuthorized
21 Aug 2025
Verified

GUSD peg history

Max deviation from the peg, time spent outside ±50 / ±100 bps and derived events per window. 24h: CoinGecko 5-minute prices; 7d, 30d, 90d: hourly; 1y: daily. Cached at build time.

FavouritesCoinPegTrendMax |dev|Low>±50 bps>±100 bpsEventsDetails
GUSDUSD−164.4 bps0.98367 h6 h3

Source: CoinGecko ↗, DefiLlama ↗ · market data cached . Aggregated prices can move on thin markets; a deviation here is not a confirmed depeg.

GUSD supply by chain

Current circulating supply per chain from the DefiLlama stablecoins API (cached at build time). Per-chain or DEX prices are not shown: no free source covers them reliably.

ChainSupplyShare of supply
Ethereum$34.5M100.0%

Source: DefiLlama ↗

FAQ about GUSD

What is Gemini Dollar (GUSD)?

GUSD is a stablecoin pegged to the US dollar. Issuer: Gemini. Backing (as described in our data): Fiat-backed (USD).

Who issues GUSD?

GUSD is issued by Gemini Trust Company, LLC. The issuer profile on StableRadar lists its licences with links to official registers.

Is GUSD authorised under MiCA or another stablecoin regime?

A regulator-confirmed token authorisation is on record: New York only (NYDFS). Register record: NYDFS Greenlist: “Gemini Dollar* GUSD”. Applicable law noted: NY 23 NYCRR Part 200 (NYDFS); GENIUS Act — OCC final rule FR 2026-21706 (effective 18 Jan 2027). US context: under the GENIUS Act only approved (permitted) payment stablecoin issuers may issue payment stablecoins in the US; the Act approves issuers, not individual tokens. It applies from 18 Jan 2027 (OCC final rule FR 2026-21706).

Is GUSD safe?

StableRadar does not say whether a coin is safe and does not give investment advice. In our opinion, based on public data as of 12 Nov 2026, the issuer Gemini has a Transparency Score of 52/100. This is not a regulatory decision or a credit rating. The live peg deviation and the official register links are on this page.

How is GUSD backed?

Model: Fiat-backed (USD). Reserve mix: Cash, US T-bills. Attestation: Monthly attestation by BPM LLP.

Related pages

Informational only: not legal, investment or compliance advice. Company statements are marked “per company”.

Live prices: · Issuer reference data reviewed: (later changes are dated on each row) · Sources: Issuer transparency / reserves (Gemini), DefiLlama · GUSD, CoinGecko · GUSD, DefiLlama · Ethereum stablecoins

Data: DefiLlama · Powered by CoinGecko