MakerDAO Favors Holding GUSD Stablecoin as Part of Reserve in Early Voting

MakerDAO Favors Holding GUSD Stablecoin as Part of Reserve in Early Voting


The voting comes as Gemini, the issuer of GUSD, is under pressure after halting withdrawals from its yield-paying product, called Gemini Earn, and because of a lawsuit by the top U.S. securities regulator. Gemini is the brainchild of mega-crypto investors Cameron and Tyler Winklevoss, who still helm the company.

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