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Gemini Dollar (GUSD) Now Supported by 25 Exchanges

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Wed, 24/10/2018 - 17:29
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Gemini Dollar (GUSD) Now Supported by 25 Exchanges
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Gemini Dollar (GUSD), the first fully regulated dollar-pegged stablecoin, has been listed on 25 cryptocurrency exchanges, according to a recent Medium post by Cameron Winklevoss. OKEx, Huobi Global and HitBTC are among the big-name exchanges that already support the coin.   

Back in September, Bibox became the first digital asset exchange to embrace the newly launched stablecoin. The ‘stability’ aspect of this cryptocurrency project makes it very appealing to major trading platforms. On Oct. 15, however, the stablecoin lost its peg after a major price spike, but the effect wasn’t long-lasting.   
 
Meanwhile, as U.Today reported earlier, Circle’s stablecoin USDC is now available on a fiat-to-crypto exchange Coinbase, the main competitor of Gemini.
 

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Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

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