Interestingly, the Gemini dollar (GUSD) is backed by real dollars, and is thoroughly audited, but regularly has fluctuations of +/-8%, even when Gemini does red

Interestingly, the Gemini dollar (GUSD) is backed by real dollars, and is thoroughly audited, but regularly has fluctuations of +/-8%, even when Gemini does redemptions on demand. That’s a lot more than USDT (and DAI, for that matter) vary. https://coinmarketcap.com/currencies/gemini-dollar/ https://coinmarketcap.com/currencies/gemini-dollar/