[GUSD]
Gemini Dollar
Stable
Reserves
0.99 / 1
Market Feedback
0.53 / 1
Mechanism
1 / 1
1.1Reserves
1.1.1Collateralization % & Type of Collateral
0.98
As of May 31, 2023, GUSD is fully backed by US Treasury Bills (50%), cash deposits (46%), and money market funds (4%). All assets are held in fully segregated and bankruptcy-remote accounts.
1.1.2Storage of Assets
1.00
For off-chain collateral, we rank storage methods as follows (best to worst)
With regulated custodians not in off-shore jurisdictions
With regulated custodians in off-shore jurisdictions (e.g, BVI, Bahamas)
Others / Undisclosed
GUSD reserves are fully held in regulated and insured banks and financial institutions in the USA. Further, each custodian has been pre-vetted by the NYDFS.
1.1.3Asset Segregation
1.00
All customer assets in GUSD’s reserves are fully segregated from Gemini’ corporate treasury and held in bankruptcy-remote accounts.