Tag: GUSD

DeFi Platform MakerDAO Weighs Ditching $390M of GUSD Stablecoin from DAI Reserve

DeFi Platform MakerDAO Weighs Ditching $390M of GUSD Stablecoin from DAI Reserve

Gemini – the crypto exchange founded and run by Tyler and Cameron Winklevoss and the issuer of GUSD – pays a 2% annual reward to MakerDAO for using th [...]
Gemini says no funds at Signature Bank backing GUSD

Gemini says no funds at Signature Bank backing GUSD

Crypto exchange Gemini had no funds at Signature Bank, and its Gemini US Dollar (GUSD) stablecoin was not backed by any deposits at the failed bank, a [...]
MakerDAO Favors Holding GUSD Stablecoin as Part of Reserve in Early Voting

MakerDAO Favors Holding GUSD Stablecoin as Part of Reserve in Early Voting

The voting comes as Gemini, the issuer of GUSD, is under pressure after halting withdrawals from its yield-paying product, called Gemini Earn, and bec [...]
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