Gemini Dollar is a dollar-backed stable coin issued by Gemini.
Reviews for Gemini Dollar
The Gemini dollar is the best argument against the BTC as a SoV thesis.
Bitcoiners like to point to Venezuela and Turkey as nations primed for hyper-bitcoinization.
The Gemini dollar enables easier hyper-dollarization, which, at least in the short term, is more attractive to many.Full review
Gemini has built a public, permissioned application that effectively hybridizes the separate approaches of the coins on the one hand, and the enterprise blockchain applications that have been developed on the other, to bring something to the marketplace that is unique and genuinely new.Full review
Pretty sure the [8.6% APY interest rate paid by Blockfi on GUSD] is subsidized by VC money. Not really sure how else they could be getting these rates...USDT and Dai could have around 10% but no one is using GUSD. And I’m not aware of any large lending markets that support GUSD.Full review
The most compliant [stablecoin] GUSD largely fails with a underwhelming liquidity.
While $USDT is now trading at ~3% OTC premium and 100x better liquidity than all other fiat coins combined, despite [the] NYAG turmoil.
Liquidity is the single most important thing for a stablecoin to succeedFull review
See how Gemini Dollar compares with other stablecoin cryptocurrencies.
Dai is a decentralized, fully collaterized stablecoin.
TrueUSD is a dollar-backed stablecoin running on Ethereum.
Gemini Dollar is a USD-backed stablecoin.
Tether is a dollar-backed stablecoin.