Gemini Dollar GUSD to Aladdin ADN Exchange

Crypto Pair Details: GUSD to ADN

Gemini Dollar GUSD

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. ISSUER The Gemini dollar is issued by Gemini Trust Company, LLC, a New York trust company. BANK 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. EXAMINATION 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. SECURITY AUDIT 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. Gemini was founded four years ago with a mission: build a bridge to the future of money. Gemini dollar aims to combine creditworthiness and price stability of the U.S. dollar with blockchain and the oversight of U.S. regulators, the New York State Department of Financial Service. Gemini dollar is a stable value coin that is: 1. issued by Gemini, a New York trust company 2. strictly pegged 1:1 to the U.S. dollar 3. built on Ethereum network according to ERC20 token standards Starting 10th September 2018, you will be able to convert U.S. dollars in your Gemini account into Gemini dollars and withdraw them to an Ethereum address. You will also be able to automatically convert GUSD back as USD into your Gemini account. GUSD is expected to be listed on Bibox soon.

Aladdin ADN

ADN Mainnet is a blockchain-based technology designed to secure ICO investments. Going beyond decentralization, we are pioneers of a built-in investor-oriented mechanism to ensure security and transparency to our investors. ADN aims to transcend into the future of blockchain and ICO with continuous development and innovation. Aiming to provide a tangible solution to existing problems within the industry, we developed a blockchain with high-throughput, high scalability, and high availability for Decentralized Applications (DApps) in the ADN ecosystem. Combining the benefits initially proposed by its cryptocurrency predecessors such as Bitcoin, Ethereum, EOS and TRON, the ADN protocol becomes a high-performance blockchain platform. Integrating the Delegated Proof-of-Stake (dPoS) consensus and ADN Virtual Machine (AVM), it primarily focuses on smart contracts, consensus, and ICO wallet.

SOURCE: COINGECKO

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