Keep attention on this type of tokens.
Be sure that there is a reserve in Usd covering issuing.
Topic: Gemini Dollar "Stable" Coin - page 3. (Read 703 times)
the impact of etf decesion is very bad now in cryptomarket. gemini dollar is a great step of crypto market. it will turn the positive movement in crypto market. we need gemini dollar insted of etf according to situation of crypto market.
gemini semmes like promising and trustable coin. i think in near future it will reach the heights Tether has reached and also completely replace the tether. it just a prediction maybe it will happen.
main interesting part of gemini dollar is this dollar can easily converted into US dollar. as they use the blockchain technology and transaction criteria is user friendly. gemini dollar is very need for crypto market.
inportant part of gemini is people are now get stable coin. according to demand of market is very difficult to get stable coin. on that time gemini dollar is great step i can say.
in near future gemini will reduce the distance between the crypto currency market and fait. the idea of gemini is inovative. maybe it will consider as a great invention of crypto market.
Let's hope that this will be something good for the market and not like the others like TUSD which had caused the price to be manipulated. Also the newbies need to stop stressing on he ETF's news so much.
I can not say with certainty what it is and so on ... But if you find it, this criterion is very familiar to me, although I myself have long been in this structure. 
Gemini dollar is brought about by the well known cryptocurrency exchange Gemini. The coin runs on ethereum blockchain and is backed up by US dollars. Let's see how it performs in the market.
Gemini is a stable coin that is backed by US dollars. Earlier , Tether was the only stable coin in the market that was backed by US dollars. There where many limitations of Tether. Gemini dollar is built in a way which would perform efficiently in all the limitations of Tether.
It's great to see another stable coin in the market. Stable coin can only help the cryptocurrency to get mass adoption. Stable coin is an ERC-20 token that runs on ethereum blockchain. It claims to provide all the benefits that a stable coin can provide.
Hopefully they can come up with a way that might be able to save this market from the terrible state it is in. But at the same time, given the history between the market, Tether and stable coins, it will be tough for Gemini to gain the rust of the people.
Gemini is a good confided in crypto trade so I surmise that their steady coin will be the same. I believe that steady coins from trustworthy groups are extremely required by the crypto network and the Gemini Dollar stable coin will be one of them.
The thought sounds inventive trust it won't turn into another tie which was blamed for showcase control I anticipate how this thought will be actualized without being another apparatus of market control.
Gemini is by all accounts doing entirely pleasant moves I trust they will grow in the entire EU soon as my nation isn't secured yet
maybe, these 2 brothers can finally help crypto market instead of killing price by facing rejection on their ETF proposal once ever few weeks
They are trying and not simply manipulating.
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the news is being spread in a way that newbies might think a Savior is coming to crypto world now
i hope this one doesn't end up like USDT or TUSD which were accused of being the reason for many market manipulations before
When did TUSD manipulate?
In the future, this will blur the boundaries of transfer and become a bridge between the world of cryptocurrency and fiat. I read this news. If it's true that every Gemini dollar is supported by Fiat - then it's really cool.
Well, here is one analysis of Gemini dollar. I would say it's centralized, private coin and completely opposite of what we are fighting for
https://coinedtimes.com/crypto-analysis-gemini-stablecoin-gusd/
Bitcoiners 2009: central banks are evil, be your own sovereign bank, something something coming collapse of filthy statist bucks
Bitcoiners 2018: we just got regulatory approval for multiple USD-backed StableCoins and are also pushing for several Bitcoin ETFs to be approved.
https://coinedtimes.com/crypto-analysis-gemini-stablecoin-gusd/
Bitcoiners 2009: central banks are evil, be your own sovereign bank, something something coming collapse of filthy statist bucks
Bitcoiners 2018: we just got regulatory approval for multiple USD-backed StableCoins and are also pushing for several Bitcoin ETFs to be approved.
Stable coins, when launched in 2014, were considered to be the bridge between the traditional financial world and modern blockchain. Being backed by a fiat currency, they were devoid of volatility and gained popularity in 2018 as the volatility in crypto markets became rampant.
As they became popular, the leader of their pack, Tether got blamed for manipulating the price of cryptocurrencies, as well as their backing by dollar, was questioned. Considering the blames and misuses and combining them the positives, Winklevoss twins have introduced their version of the stable coin, the one that would be audited in the US and licensed by NYDFS, unlike its peers. Let’s welcome Gemini Dollar.
https://coingape.com/winklevoss-stable-coin-gemini-dollar-pull-strings-tether/
well, the name Gemini itself doesn't really add trust As they became popular, the leader of their pack, Tether got blamed for manipulating the price of cryptocurrencies, as well as their backing by dollar, was questioned. Considering the blames and misuses and combining them the positives, Winklevoss twins have introduced their version of the stable coin, the one that would be audited in the US and licensed by NYDFS, unlike its peers. Let’s welcome Gemini Dollar.
https://coingape.com/winklevoss-stable-coin-gemini-dollar-pull-strings-tether/
consider: gemini can twist you around his finger easily. i'm paranoid, really
The idea sounds innovative, hope it won't become another tether which was accused for market manipulation, i await how this idea will be implemented without being another tool of market manipulation.
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