Gemini Dollar (GUSD) Now Supported by 25 Exchanges

Gemini Dollar (GUSD), the first fully regulated dollar-pegged stablecoin, has been listed on 25 cryptocurrency exchanges, according to a recent Medium post by Cameron Winklevoss. OKEx, Huobi Global and HitBTC are among the big-name exchanges that already support the coin.   

Back in September, Bibox became the first digital asset exchange to embrace the newly launched stablecoin. The ‘stability’ aspect of this cryptocurrency project makes it very appealing to major trading platforms. On Oct. 15, however, the stablecoin lost its peg after a major price spike, but the effect wasn’t long-lasting.   
 
Meanwhile, as U.Today reported earlier, Circle’s stablecoin USDC is now available on a fiat-to-crypto exchange Coinbase, the main competitor of Gemini.