Gemini Dollar ERC20
Received this today….
Imagine being able to send and receive U.S. dollars like email. Today, we are making this a reality with the Gemini dollar — a stable value coin (often called a “stablecoin”) that allows you to send and receive U.S. dollars on the Ethereum network. The Gemini dollar (ticker symbol: GUSD) is an ERC20 token that is issued by Gemini, a New York trust company, and strictly pegged 1:1 to the U.S. dollar. It combines the creditworthiness and price stability of the U.S. dollar with blockchain technology and the oversight of U.S. regulators, namely, the New York State Department of Financial Services (NYDFS). You can read more about the Gemini dollar — the world’s first regulated stablecoin — on our blog.
As of today at 10am ET, you will be able to convert U.S. dollars in your Gemini account into Gemini dollars and withdraw them to an Ethereum address you specify. You will also be able to automatically convert Gemini dollars into U.S. dollars by depositing them into your Gemini account. Get yours today.
Stay tuned for some exciting updates, new features, and partner announcements.
Onward and upward,
Cameron + Tyler