Gemini Dollar (GUSD) is a stablecoin cryptocurrency that was launched in September 2018 by the Gemini Trust Company, LLC. The Gemini Trust Company is a digital asset exchange and custodian that was founded by the Winklevoss twins, Cameron and Tyler. The GUSD is pegged to the US dollar, which means that its value is always equivalent to one US dollar. This makes it a stablecoin, which is a type of cryptocurrency that is designed to maintain a stable value. The GUSD is backed by US dollars that are held in reserve by the Gemini Trust Company, which ensures that the value of the GUSD remains stable.

The GUSD is designed to provide a stable and secure way for people to store and transfer money. It can be used for a variety of purposes, such as making payments, trading on cryptocurrency exchanges, and as a store of value. The GUSD is also designed to be transparent and compliant with regulations, which makes it a safe and reliable option for people who want to use cryptocurrency. The GUSD is available on a number of cryptocurrency exchanges, and it can be purchased using US dollars or other cryptocurrencies. Overall, the GUSD is a stable and reliable cryptocurrency that is designed to provide a safe and secure way for people to store and transfer money.