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CryptoG
Gemini Dollar (GUSD)
A stablecoin that is FDIC- insured, and backed 1:1 with the US dollar. Gemini Dollar (GUSD) was created by Gemini, a secure and regulated centralized cryptocurrency exchange (CEX)
Example
“A DeFi user converted their trading profits to GUSD to park funds in a stable, dollar-pegged asset while waiting for the next market dip to buy back in.”