#GUSD

Price of Tether USDT Plummets to 18-Month Low as OKEx Adds Four Stable Coins

The price of the Tether stable coin (USDT) pegged to the US dollar has tanked to an 18-month low on Monday, October 15, pushing the premium of Bitcoin and other cryptocurrencies on Bitfinex and a number of other exchanges.

Gemini Launches World’s First Regulated Stablecoin

Cryptocurrency exchange Gemini, which was founded by Cameron and Tyler Winklevoss, has announced the launch of the “Gemini Dollar” (GUSD), a dollar-backed stablecoin built on the Ethereum network according to the ERC20 standard for tokens.