What is GUSD's quality score?

GUSD (Gemini Trust Company) scores 57/100 on OnChain Benchmark's Stablecoin Quality Rating — the Elevated Risk band, as of Sep 8, 2026 (methodology v1.4-stablecoin).

How is GUSD's quality score calculated?

OnChain Benchmark scores GUSD across four equally weighted dimensions, each out of 25: reserve quality (23/25), redemption depth (10/25), transparency (15/25), holder concentration (9/25). The four add directly to the 57/100 composite. The full rubric is published at onchainbenchmark.com/methodology.

How concentrated is GUSD's ownership?

OnChain Benchmark scores GUSD's holder concentration 9/25 — one of the four dimensions of its quality rating, measured against free float (circulating supply outside issuer and custody wallets), aggregated across all chains. A higher score means ownership is more broadly distributed; a lower score means it is held by fewer wallets.

What does the Elevated Risk band mean?

Under OnChain Benchmark methodology v1.4-stablecoin, stablecoin composite scores band as Verified (≥ 85), Institutional Grade (≥ 70), Monitored (60–69), Elevated Risk (40–59), and Flagged (below 40). GUSD scores 57/100, placing it in the Elevated Risk band.

OCB — Quality Rating

GUSD Quality Rating

Gemini Trust Company · NYDFS-regulated dollar stablecoin issued by Gemini, backed by cash and cash equivalents held at U.S. institutions.

GUSD (Gemini Trust Company) scores 57/100 on OnChain Benchmark's Stablecoin Quality Rating — Elevated Risk band — across four dimensions: reserve quality 23/25, redemption depth 10/25, transparency 15/25, and holder concentration 9/25 (methodology v1.4-stablecoin, as of Sep 8, 2026).

GUSDStablecoin

Stablecoin Quality Rating

57/ 100

Elevated Risk

OCB — 01

GUSD across four dimensions

Each dimension is scored out of 25, and the four add directly to the /100 composite — an equal-weight, plain sum. Last scored Sep 8, 2026 on methodology v1.4-stablecoin.

Dimension	Score
Reserve Quality	23 / 25
Redemption Depth	10 / 25
Transparency	15 / 25
Holder Concentration	9 / 25
CompositeΣ (score)	57 / 100

OCB — 02

OCB Instrument

Outstanding supply

Measured onchain daily, summed across every chain the fund is issued on. Latest reading $39.29M.

Source: GUSD · Stablecoin Quality Rating · onchainbenchmark.com2026-09-08 · Measured daily

OCB — 03

OCB Instrument

Rating history

GUSD’s quality rating, measured daily.

Source: GUSD · Stablecoin Quality Rating · onchainbenchmark.com2026-09-08 · Recomputed daily

OCB — 04

Evidence behind the rating

A sample of the verified facts behind GUSD's score. The full diligence trail is in the terminal.

Disclosure Qualitycontract address
Contract address verified on Ethereum: 0x056fd409e1d7a124bd7017459dfea2f387b6d5cd (primary deployment)
Confirmed active onchain.
Verified Jul 25, 2026· instrument_deployments registry — chain_id 1
Holder Concentrationdata gap
No holder concentration data available at time of scoring run.
This gap is re-checked on every scoring run and will close once verifiable data is available.
Verified Jul 25, 2026
Redemption Liquiditydata gap
No redemption liquidity data available at time of scoring run.
This gap is re-checked on every scoring run and will close once verifiable data is available.
Verified Jul 25, 2026

OCB — 05

Key facts

Issuer: Gemini Trust Company
Asset class: Stablecoin
Chain: ETHEthereum
0x056Fd4…b6d5CdExplorer ↗
Methodology: v1.4-stablecoin
Last scored: Sep 8, 2026
Rubric: Stablecoin Quality Rating

Cite this rating

Reference GUSD's rating

Copy a ready-made citation. Every rating carries its methodology version and a stable permalink, so a citation stays accurate after a later rescoring run.

Plain

OnChain Benchmark (2026). GUSD Quality Rating: 57/100 (Elevated Risk band), as of Sep 8, 2026. Methodology v1.4-stablecoin. https://onchainbenchmark.com/instruments/gusd

Harvard

OnChain Benchmark (2026) 'GUSD Quality Rating', OnChain Benchmark, Elevated Risk band, 57/100, methodology v1.4-stablecoin. Available at: https://onchainbenchmark.com/instruments/gusd (Accessed: Sep 9, 2026).

BibTeX

@misc{ocb_gusd_2026,
  author = {{OnChain Benchmark}},
  title = {{GUSD Quality Rating}},
  year = {2026},
  note = {57/100, Elevated Risk band, methodology v1.4-stablecoin},
  url = {https://onchainbenchmark.com/instruments/gusd}
}

Or pull the data: GUSD rating (CSV)

Full diligence trail

The interactive terminal shows every verified fact behind GUSD's rating — the dimension-by-dimension breakdown, scoring history, outstanding supply, anomalies, and the complete evidence trail with sources.

View full diligence trail in the terminal →Read the methodology →

GUSD Quality Rating

Gemini Trust Company · NYDFS-regulated dollar stablecoin issued by Gemini, backed by cash and cash equivalents held at U.S. institutions.

GUSDStablecoin

GUSD across four dimensions

Each dimension is scored out of 25, and the four add directly to the /100 composite — an equal-weight, plain sum. Last scored Sep 8, 2026 on methodology v1.4-stablecoin.

Dimension	Score
Reserve Quality	23 / 25
Redemption Depth	10 / 25
Transparency	15 / 25
Holder Concentration	9 / 25
CompositeΣ (score)	57 / 100

Evidence behind the rating

A sample of the verified facts behind GUSD's score. The full diligence trail is in the terminal.

Disclosure Qualitycontract address

Contract address verified on Ethereum: 0x056fd409e1d7a124bd7017459dfea2f387b6d5cd (primary deployment)

Confirmed active onchain.

Verified Jul 25, 2026· instrument_deployments registry — chain_id 1

Holder Concentrationdata gap

No holder concentration data available at time of scoring run.

This gap is re-checked on every scoring run and will close once verifiable data is available.

Verified Jul 25, 2026

Redemption Liquiditydata gap

No redemption liquidity data available at time of scoring run.