I trust GUSD and USDC pretty equally and both far above tether. In contrast, Coinbase's USDC has been around the same amount of time, growing slowly that whole time, and is now at almost $4,000,000,000. USDT, TUSD, GUSD, USDC and USDQ. We are making these people RICH through LIES. Similar to USDC, GUSD is an ERC-20 token that is compatible with Ethereum wallets. It has a circulating supply of 10,722,318,382 USDC coins and the max. The site may not work properly if you don't, If you do not update your browser, we suggest you visit, Press J to jump to the feed. Similarities. The idea behind our service is to provide a platform where users can manage all popular cryptocurrencies, exchange between them, and easily diversify their cryptocurrency portfolio. الإنجليزية (الولايات المتحدة). Because of this feature, a very critical aspect of … According to Gemini, the token will maintain a 1:1 ratio with the dollar at all times. Exodus allows you to exchange to and from Tether (USDT), TrueUSD (TUSD), Gemini Dollar (GUSD), USD Coin (USDC), Paxos (PAX), and DAI (DAI). I think what is setting back Gemini is their daily ACH limit of $1K. GUSD exist as ERC-20 tokens on the Ethereum blockchain; tokens are under the user’s self-custody, and are not insured through Gemini. Gemini mentions BlockFi on their website, which at first made me interested in trying them. Market Cap $6,211,160,264.93. If you have passed Coinbase's verification you can also earn interest rewards by storing your USDC in their saving account. USDC shares many attributes with GUSD, such as audited 1:1 reserves and the ability to earn relatively high rates of interest on a number of platforms. It was also launched in September in 2018, but has much more coins in circulation, currently at $12 million. This helps to stabilize the value of the token stable. Looks like you're using new Reddit on an old browser. The fifth largest exchange by trading volume will now accept GUSD, PAX, USDC, and TrueUSD (TUSD), a stablecoin pegged one-to-one with the … USD Coin (USDC) is a relatively fresh stablecoin pegged to the US dollar. US Dollar Coin (USDC) has been gaining strong traction within the DeFi ecosystem. In comparison, a bitcoin would cost $6,419.72 if bought in TUSD, $6,438.74 in USDC, $6,448.70 in PAX or $6,709.16 in USDT, as of 18:00 UTC. It issues or burns tokens whenever there is a deposit or redemption. No B.S.,  DD214 on DECK. IMPORTANT DISCLAIMER: All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. I trust GUSD and USDC pretty equally and both far above tether. USDC Price Live Data. Just as TUSD, if offers regulatory compliance and transparency. The big problem about all these systems is the fact that they enable authorities to seize users’ funds, which completely negates the very idea of decentralization and anti-censorship, on which crypto is built. Tether (USDT) Excluded from Bitpay Supports. As a money service business, Circle is fully regulated and has a BitLicense. With support on many of the top DeFi protocols, many have recognized USDC as the second-choice stable coin behind Dai.. USDC was created by CENTRE – a consortium founded by Coinbase and Circle. I trust that Gemini would accept my GUSD far into the future. USDC Overview. While $USDC is currently the second largest stablecoin on the market (Tether or $USDT being the largest), it’s commonly known that Tether has been unable to provide sufficient evidence that their supply is fully collateralized by an equal amount of underlying US legal tender. And USDC/GUSD crypto trade pair is not an exception! I've always liked Gemini for their higher trust factor and willingness to invite regulation versus other exchanges. That's why I was looking into this. While offering a stable value, Gemini Dollar allows you to reap the benefits of cryptocurrencies since GUSD: has fast blockchain-based transactions; has comparatively low fees; is available 24/7 the world over. I trust that Gemini would accept my GUSD far into the future. 24h Valume $1,716,234,289.31. THIS IS IMPORTANT INFO for your followers. CoinXConverter - Online Currency & Cryptocurrency Converter. Fast, secure and privacy-oriented USD Coin to Gemini Dollar exchange. Bear in mind, though, that some reasonably profitable products are also available for GUSD, BUSD and TUSD. PAX stands for Paxos Standard Token. ² ERC-20 tokens such as GUSD are programmed using the Ethereum blockchain and will incur gas fees for transfer once under the user’s self-custody. Learn about stablecoins in this quick and easy-to-understand stablecoin guide. Regulated stablecoins USD Coin (USDC) and Gemini Dollar (GUSD) are now live for trading on Liquid, giving traders full access to the power combo of the US dollar and blockchain technology. Gemini Dollar (GUSD) is a stablecoin created by Gemini. And since each GUSD and USDC stable coin is tied to one US dollar, there is no volatility risk for the business receiving the settlement. We act as an intermediary between crypto exchanges and users, offering easy and fast swaps of 140+ cryptocurrencies online. supply is not available. Funny you mention interest earning. I'm a former ARMY Iraq, Afghanistan, S.Korea, Kuwait Veteran. USD Coin (USDC) USD Coin (USDC) is another popular stablecoin with an impressive list of backers including Goldman Sachs, Silvergate, and US Bancorp. Coinbase offers $25K daily ACH deposits which makes it easier to buy large amounts of USDC. It’s another stablecoin based on Ethereum blockchain. The current CoinMarketCap ranking is #12, with a live market cap of $10,725,929,340 USD. I just hink USDC had first mover advantage and more customers. Maybe the low adopition of GUSD is nothing to worry about - what do others think? But they're such a young company it's hard to imagine trusting thousands to them. About USDC. USDC stands for USD Coin. I use both GUSD and USDC for earning interest and using Gemini has been a good experience for me. With ChangeNOW, USDC to GUSD conversions are simple, transparent, and you don’t even need to register. We use cookies on our websites for a number of purposes, including analytics and performance, functionality and advertising. US Dollar Coin ($USDC) seems to have gain traction as the most used fiat-collateralized stablecoin. 2. USDC is an alternative to other USD backed cryptocurrencies like Tether (USDT) or TrueUSD (TUSD). USDC is also audited montly by an auditing firm, Grant Thornton LLP, just like BUSD. Not looking to convert USDC to GUSD? USD Coin (USDC) $1.00. With this news coming out, BitPay’s total number of supporting cryptocurrencies increased to six alongside … Since Tether (USDT) and USD Coin (USDC) by Coinbase are the two major players in the USD stablecoin market, we'll focus on them. Circulating Supply6,211,200,291 USDC. Earlier this week, Huobi announced the listing of four stablecoins simultaneously, as per an official statement on Oct. 16. This is because it is authorized by the New York Department of Financial Services (NYDFS). Similar to GUSD, USDC is an ERC20 token. The Gemini Dollar is an ERC20 stable coin, which is a blockchain-powered token that is backed by fiat currency, the US Dollar. This is not about the horoscope! In this article, we will look at USDQ, a fully algorithmic stablecoin that offers reliability and easy collateralization for Bitcoin. Other than being accepted on Circle, USDC’s trading volume comes from Poloniex, LATOKEN, and KuCoin. GUSD stands for Gemini Dollar. Conversion from USD Coin (USDC) to Bitcoin (BTC) 0 USDC = 0.00000000 BTC. There are no limits on the cryptocurrencies you can use for our exchange service! Tether Vs TrueUSD 2020 - Let’s discuss the major differences between USDT and TUSD. Simply enter the required amount in USDC, and let our USDC to GUSD converter determine the approximate exchange rate. Choose any crypto pair and enjoy our generous rates, fast transactions, and precise exchange amounts! We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. Gemini Dollar. Troubled Tether is slipped below $1.00 as USDC hits $1.06 and Gemini Dollar $1.18. If liquidity is an issue, keep this in mind. USDT and USDC are centralized stablecoins; This means that assets on these platforms are controlled by the issuing company or a given group of individuals. One of the best-known staking platforms, Staked.US supports around 20 PoS coins, such as Tezos and Kava. Swap USDC to GUSD at the best exchange rate with ChangeNOW. I found a cheaper way around this. So USDC is basically a stablecoin launched and governed by Circle and Coinbase. BLOCKFI has a $550 inflated price when buying BITCOIN compared to COINBASE, ROBINHOOD. Stablecoin staking is a very new trend, and there are only a handful of offerings in the market so far. The runup of GUSD to $90m was promotional related. ChangeNOW is a versatile service and we offer many different ways to buy USD Coin. It was launched on September 26, 2018, in collaboration between Circle and Coinbase. Gemini is a digital asset exchange and custodian that allows customers to buy, sell, and store digital currencies. More commonly, USDC is largely referred to as Coinbase’s stablecoin. Let’s say you want to convert 1 USD Coin to GUSD: There are no limits to USDC to GUSD swaps here, so feel free to use ChangeNOW no matter how many coins you need to exchange! I’m slowly moving away from using Coinbase. That said, GUSD is Gemini's own stablecoin based on the US dollar and USDC is also based on the dollar. Because Coinbase is one of the backers of USDC, it is integrated into their suite of products. It is pegged at a 1:1 ratio to the U.S. dollar and has been dubbed the “world’s first regulated stablecoin.”. 1000.00 USDC to GUSD (USDC vs. GUSD), How much is 1000.00 USD Coin in GUSD, Online exchange rate calculator between USDC (USD Coin) & GUSD (Gemini Dollar). In the search for a more trustworthy and transparent stablecoin, a number of companies and issuers have entered the fold. Paxos Standard Token (PAX). I was shocked to see GUSD's market cap / coins in circulation spiked when it first came out and then quickly fell off a cliff. Press question mark to learn the rest of the keyboard shortcuts. Tokenview Block Explorer-Stablecoin USDC VS USDT This block explorer enables you to know everything about stablecoin USDC such as usdc price, usdc market, usdc surculation supply, mint address and is usdt coin safe, Where can I buy a Usdc, and What is the difference between USDT and USDC. USDT is probably the most widely used stablecoin. Exchange USD coin (USDC) to Gemini Dollar (GUSD) Changelly is a platform that provides you with a possibility to convert USDC to GUSD in a few clicks. Total Supply $6,287,539,040. Symbol: GUSD; Standard: ERC20; Total Supply: 4,120,149 GUSD; Website: https://gemini.com/dollar/ Average 24h Volume: ~$3M All of BitPay's merchants can start receiving all or some of their BitPay settlements in the form of GUSD or USDC, starting today. If you are into cryptocurrencies, today’s topic might be fascinating and insightful to many of you. One of the most prominent is that of the Gemini Dollar (GUSD).. Bank deposit fee $10... Use GUSD: Buy LTC: Use LTC: trade for BTC: Trading fee $3.50.. Stake. USDC is another stablecoin that was created by the famous cryptocurrency exchange Circle. USDC is an ERC 20 token, centralized and held by a Consortium; Coinbase and Circle backed by Goldman Sachs. to GUSD calculator to see how many GUSD you’ll receive. Convert USDC to GUSD instantly with debit or credit card, and with no registration or hidden fees. It's been growing very slowly since then. The company behind USDC follows US regulations and works with established banks and auditors, which is not the case with Tether (USDT). Its market capitalization recently passed the $1 billion mark, which is 100x more than Gemini dollar’s. I just hink USDC had first mover advantage and more customers. Get the best price to exchange Usd coin to Gemini dollar on ChangeNOW. Getting started with GUSD and USDC settlements. Before swapping coins, feel free to use our Gemini Dollar The Gemini Dollar. I would say USDC is more widely accepted at different exchanges but if you are sticking to Gemini it doesn't matter. Anyone interested in more information DM me. Don’t worry if you don’t own any Gemini Dollar at the moment! So USDC, just like BUSD, is safer and more transparent than USDT. USD Coin is down 0.17% in the last 24 hours. USDC is an Ethereum based stablecoin created by Coinbase and Circle company. The runup of GUSD to $90m was promotional related. Honorably discharged. The live USD Coin price today is $1.00 USD with a 24-hour trading volume of $1,496,928,283 USD. Their monthly audits back this up, showing only $15,000,000 GUSD in circulation now, where two years ago they had $90,000,000. The project is recently received negative opinion for the backdoor in their codebase that allows PAX authorities to freeze accounts with funds if necessary. Last update: 18 minutes ago. Rank 14. GUSD is expected to contribute to a more stable and trustworthy cryptocurrency environment. I am sure you must have heard of Tether (USDT), others may have used it too.. For the first-timers, USDT is a USD backed stablecoin or crypto that started with the promise of being 1:1 in USD: USTD and to act as a haven against the wild volatility from the crypto markets. USDT Vs TUSD Price: First and foremost, currently TUSD is traded at $1.00, which is equivalent of a US dollar with a market capitalization of $78,724,093 USD while the USDT is valued at $0.997, with a market capitalization of $2,748,503,636 USD. USDC to get listed on Binance in the wake of Coinbase listing.