Send and Receive U.S. dollars like Email
The Gemini dollar — the world’s first regulated stablecoin — combines the creditworthiness and price stability of the U.S. dollar with blockchain technology and the oversight of U.S. regulators.
Get Gemini dollars 1-to-1 for U.S. dollars on Gemini.
Gemini dollars can be used on the Ethereum network.
A Network of Trust
The Gemini dollar is issued by Gemini Trust Company, LLC, a New York trust company.
U.S. dollars that correspond to the Gemini dollars issued and in circulation are held at a U.S. bank and eligible for FDIC “pass-through” deposit insurance, subject to applicable limitations.
The U.S. dollar deposit balance is examined monthly by an independent registered public accounting firm to verify the 1:1 peg. All Independent Accountants’ Reports are published and available here.
The Gemini dollar is a cryptographic token built on the Ethereum Network according to the ERC20 standard for tokens. The code of the Gemini dollar smart contracts has been audited by Trail of Bits, Inc., an information security research & development firm, whose report is publicly available here.
How the Gemini Dollar worksGet Gemini dollars Get U.S. dollars
You initiate a withdrawal of Gemini dollars from your Gemini account to an Ethereum address.
You deposit Gemini dollars into your Gemini account.
We create Gemini dollars, debit the U.S. dollar amount from your Gemini account, and send them to the Ethereum address you specified.
We redeem the Gemini dollars and credit the U.S. dollar amount to your Gemini account.
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The Future of Money
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