GUSD
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Understanding the Recent Drop in USDC, BUSD, and GUSD Supplies on Ethereum: A Closer Look
According to reports, The Block data shows that the supply of USDCs on Ethereum has dropped by over $10 billion compared to the beginning of the year, and is currently around $30.8
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Gemini’s GUSD Transparency Report Reveals Fully Backed Stablecoin
On April 5th, Gemini, a US compliant trading platform, released a transparency report on its stable currency Gemini dollar (GUSD). The report shows that GUSD is supported by cash a
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Gemini Dollar Transparency Report: GUSD backed by $562 Million in Assets
On April 5th, Gemini, a US compliant trading platform, released a transparency report on its stable currency Gemini dollar (GUSD). The report shows that GUSD is supported by cash a
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Overview of important developments in the evening of March 11
12:00-21:00 Key words: USDC, DAI, GUSD Interpretation of this information: The message suggests that USDC, DAI, and GUSD are key terms that will likely have relevance or significance in the financial world between 12:00-21:00. What can be inferred is that these terms are related to cryptocurrencies, particularly stablecoins. USDC stands for USD Coin, which is a stablecoin pegged to the US dollar, meaning its value is equal to one US dollar. DAI, on the other hand, is a stablecoin that utilizes a unique mechanism called a Collateralized Debt Position (CDP)…
