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Stably Ramp Lists GUSD

Categories: AnnouncementsPublished On: April 14th, 20233.9 min read

Stably Ramp is excited to expand its stablecoin library with the listing of GUSD (Gemini Dollar), providing more options for users to buy and sell popular stablecoins.

Stably Ramp, the leading fiat-to-stablecoin gateway for Web3 dApps, is thrilled to announce the integration of Gemini Dollar (GUSD) on its platform. GUSD, created by Gemini Trust Company, is a U.S. dollar-backed stablecoin that offers users a seamless connection between traditional financial systems and the blockchain industry, thanks to its regulatory approval from the New York Department of Financial Services (NYDFS).

Gemini Dollar (GUSD) is meticulously designed to maintain stability, as it is 100% collateralized by U.S. dollars held in reserve accounts. This backing enables GUSD to be redeemed for U.S. dollars at a 1:1 ratio at all times, ensuring transparent and compliant transactions. GUSD is built on the Ethereum network as an ERC-20 token, with its smart contracts audited by the security company Trail of Bits Inc.

The addition of GUSD to Stably Ramp’s offerings gives users more choices to buy and sell stablecoins using conventional payment methods like Fedwire, SWIFT, ACH, Instant ACH, and cards — all while providing some of the lowest fees and rates in the industry. Gemini Dollar also offers users a reliable, regulated option for participating in the digital assets market, bridging the gap between traditional finance and cryptocurrency.

As part of its mission to democratize access to stable digital assets, Stably Ramp will continue working on integrating more stablecoins and improving its platform to offer seamless, user-friendly experiences for its customers. The inclusion of GUSD on Stably Ramp paves the way for increased adoption of digital assets in the U.S. market and beyond, fostering greater financial inclusion and economic growth.

You can follow the easy steps below to buy/sell stablecoins with Stably Ramp:

  1. Submit a buy or sell order through the Stably Ramp.
  2. Create a new account and submit your KYC.
  3. Once approved for KYC, make a fiat payment via bank transfer or credit/debit card. Afterward, enter a wallet address to receive your tokens.
  4. Stably converts fiat to stablecoin and sends it to your wallet.
  5. Receive your tokens and start using them in Web3 apps.

Buy GUSD on Stably Ramp: Buy GUSD

Asset Information

Stably Ramp

Stably Ramp is a leading fiat-to-crypto on-ramp for purchasing and trading digital assets on various popular blockchains. Stably Ramp offers low-friction payment methods, including Fedwire, SWIFT, ACH, and instant ACH, making it easier for users to transact with ease. Users can access over 200 digital assets on more than 30 networks, including popular stablecoins such as USDC, USDT, USDS, BUSD, DAI, and FRAX. With a focus on self-custody settlement, users can directly receive purchased assets into their non-custodial wallet. Additionally, Stably Ramp supports over 40 currencies and 150+ countries/regions, making it an ideal option for Web3 projects to facilitate on-ramp transactions through traditional bank payments.

Try out Stably Ramp.

About Stably

Stably is a Web3 payment infrastructure provider and FinCEN-registered MSB from Seattle. The company specializes in providing fiat gateways, multi-chain stablecoins, and cross-chain bridged tokens to users of Web3 applications. Stably’s mission is to power this decade’s next billion Web3 users with regulatory-compliant payment infrastructure across both developed and emerging blockchain ecosystems.

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