Buy Crypto Using Simplex Directly in Your Ethos Universal Wallet


We are excited to share that in our highly-anticipated update to the Universal Wallet, v1.6, we have added support for Gemini dollar (GUSD). GUSD can now easily and securely be stored, sent and received within the Universal Wallet.

We are excited to share that in our highly-anticipated update to the Universal Wallet, v1.6, we have added support for Gemini dollar (GUSD). GUSD can now easily and securely be stored, sent and received within the Universal Wallet.

Gemini dollar combines the creditworthiness and price stability of the U.S. dollar with the blockchain technology and the oversight of U.S. regulators. GUSD is an ERC20 token built on the Ethereum Network.

Gemini Dollar GUSD Profile in the Universal Wallet

Essentially, giving people the power to send and receive U.S. dollars like email. A true revolution in how we use and transfer money.

According to Gemini, “U.S. dollars that correspond to the Gemini dollars issued and in circulation are held at State Street Bank and Trust Company. The U.S. dollar deposit balance is examined monthly by BPM, LLP, a registered public accounting firm, in order to verify the 1:1 peg. All Independent Accountants’ Reports are published and available here.”

GUSD is listed on a wide-variety of exchanges, to be purchased and safely stored, tracked, sent and received on the Ethos Universal Wallet.

As we move forward on the path of crypto asset adoption, we look forward to bringing communities together through the Universal Wallet, providing them with a secure solution to manage all of their crypto assets.

Stablecoins present an opportunity for individuals and companies to begin realizing the benefits of the blockchain without exposing themselves to the volatility common to other crypto assets, while continually interacting in a liquid manner with the cryptocurrency marketplace.  

Want to read about all of the features released with our latest update to the Universal Wallet v. 1.6? Read the blog.

Want to get the Ethos Universal Wallet & start storing and transacting GUSD, visit: Get the Wallet

Join the conversation on Telegram! https://t.me/ethos_io

Big Thanks to our Community!

With every major update, we advance forward toward the new economy. Let us know what features you would like to see us add by emailing us at [email protected].

The future is bright!