I've been hearing a lot about cryptocurrencies recently, and one that has piqued my interest is Gusd. I'm wondering if it's considered a stable coin. Can anyone confirm if Gusd is indeed a stable coin or not?
6 answers
BitcoinWarrior
Wed Oct 30 2024
This feature makes GUSD a reliable digital alternative to traditional currency.
EmmaWatson
Wed Oct 30 2024
The cryptocurrency is built on the Ethereum blockchain, leveraging the platform's advanced technology.
SsamziegangStroll
Wed Oct 30 2024
Gemini Dollar (GUSD) represents a unique concept in the world of cryptocurrencies.
Silvia
Wed Oct 30 2024
Smart contracts play a crucial role in ensuring the transparency and stability of GUSD.
Nicola
Wed Oct 30 2024
As a stablecoin, it is designed to maintain a consistent value by being pegged to the US dollar.