Gemini Dollar (GUSD) stablecoin analytics
Answer First
What is Gemini Dollar (GUSD)?
Gemini Dollar (GUSD) is Gemini Trust's NYDFS-chartered dollar stablecoin, redeemable 1:1 against cash at State Street/Western Alliance plus short U.S. T-bills. The static profile records its US Dollar peg mechanism as: Direct 1:1 redemption through Gemini
Is GUSD safe?
GUSD holds a C+ Safety Score grade (64/100) in Pharos's latest published rating — a middle-tier grade that meets baseline expectations but carries meaningful weaknesses, so Pharos does not consider it clearly safe. Static metadata says Gemini Dollar uses a Centralized (CeFi) governance model and Real-World Asset Backed backing, with Independent Audit from BPM LLP; the main caveat is that issuer or admin freeze controls are recorded. Treat the live peg, liquidity, reserve, dependency, and Safety Score sections below as the current risk read.
Static Profile
Static stablecoin profile
Gemini Dollar (GUSD) static profile: governance model Centralized (CeFi); backing model Real-World Asset Backed; peg US Dollar.
AI summary / Updated Sep 7, 2026
GUSD is Gemini Trust's NYDFS-chartered dollar, redeemable 1:1 through Gemini against reserves that the May 2026 BPM examination reported as cash deposits at State Street and Western Alliance Bank, held in segregated accounts for holders. It has pristine compliance and almost no users. The N/A overall grade renders that split plainly: backing and economic control are the strong pillars, while the exit pillar is the weakest line on the card because on-chain exit remains a mostly theoretical exercise. With...
AI summary · drafted by claude-fable-5-1 · facts as of Sep 7, 2026
Sources: DefiLlama: Gemini Dollar circulating supply history and BPM GUSD reserves examination - May 2026
- Collateral
- Cash deposits at State Street and Western Alliance Bank, U.S. Treasury bills (maturities ≤3 months), and government money market funds, held in segregated accounts for the benefit of GUSD holders
- Peg Mechanism
- Direct 1:1 redemption through Gemini
- Jurisdiction
- United States / NYDFS / Trust Charter
- Proof Of Reserves
- Independent Audit by BPM LLP Reserve source
Next Actions
Exact bot target: /subscribe dews,depeg,safety gusd-gemini
Source: checked-in StablecoinMeta profile fields. Live price, supply, reserve, liquidity, event, and safety data load in the interactive dossier below; the summary above was last updated Sep 7, 2026.
GUSD quick answers
What is Gemini Dollar (GUSD)?
Gemini Dollar (GUSD) is Gemini Trust's NYDFS-chartered dollar stablecoin, redeemable 1:1 against cash at State Street/Western Alliance plus short U.S. T-bills. The static profile records its US Dollar peg mechanism as: Direct 1:1 redemption through Gemini
Is GUSD safe?
GUSD holds a C+ Safety Score grade (64/100) in Pharos's latest published rating — a middle-tier grade that meets baseline expectations but carries meaningful weaknesses, so Pharos does not consider it clearly safe. Static metadata says Gemini Dollar uses a Centralized (CeFi) governance model and Real-World Asset Backed backing, with Independent Audit from BPM LLP; the main caveat is that issuer or admin freeze controls are recorded. Treat the live peg, liquidity, reserve, dependency, and Safety Score sections below as the current risk read.
What backs GUSD?
Pharos classifies GUSD backing as Real-World Asset Backed. Collateral, per the static profile: Cash deposits at State Street and Western Alliance Bank, U.S. Treasury bills (maturities ≤3 months), and government money market funds, held in segregated accounts for the benefit of GUSD holders Reserve evidence: Independent Audit from BPM LLP.
Can GUSD be frozen or blacklisted?
Based on tracked contract metadata and blacklist coverage, issuer or admin freeze controls are recorded. Live freeze and blacklist events for GUSD, when applicable, appear in the dossier below.
