Gemini Dollar price

With the oversight of U.S. regulators, it is therefore 2018’s first regulated stablecoin issued by Gemini Trust Company, LLC. The Gemini cryptocurrency exchange is also owned by the Winklevoss twins. To prove its concept of Gemini dollars issued, they are storing corresponding U.S. dollars in a bank and performing monthly audits by a registered public accounting firm to verify the 1:1 peg.