Virtuse is pleased to announce the addition of Gemini dollar as a collateral option in the Virtuse platform, to let GUSD holder trade crypto pairs, commodities and soon ETFs at the exchange prices of CME or ICE.
Joshua Rawlins, Gemini’s Managing Director of Financial Operations, said: “We’re excited that Virtuse Exchange supports the Gemini dollar so users can now access commodities investments via a regulated stablecoin in a way they couldn’t before.”
“We’re excited that Virtuse Exchange supports the Gemini dollar so users can now access commodities investments via a regulated stablecoin in a way they couldn’t before.”
Gemini dollar is the world’s first regulated stablecoin and it has provided unique value for its holders. It brought much-needed protection in highly volatile cryptocurrency space.
“Since its launch in 2018, Gemini dollar users have benefitted from frictionless transfer of US dollar value across the cryptocurrency ecosystem such as 24/7 movement between exchanges,” added Rawlins.
“Virtuse brings GUSD holders a unique use case where they can not only hold their dollar assets in the digital form but invest or trade various commodities and soon ETFs. Buy Gold, or sell a Crude Oil contract or go long on BTC against US Dollar at the prices of the actual, real-time global commodity exchanges,” said Ras Vasilisin, CEO of Virtuse.
Virtuse platform is available globally in 100+ countries. After just six months of operation, Virtuse has organically grown to acquire users from over 30 countries, with more than $50,000,000 worth of total trading volume.
Check the blog where Ras Vasilisin explains how you can use a cryptocommodity on Virtuse to help you grow your portfolio.