Research: Gemini, GUSD start losing followers as metrics hit all time lows

Glassnode data analyzed by CryptoSlate shows that the U.S.-based crypto exchange Gemini and its stablecoin Gemini Dollar (GUSD) are starting to lose followers and the community’s trust as metrics fall to all-time lows.

GUSD holders and exchange volumes

The number of active addresses that hold GUSD has slumped back to its 2020 levels. The chart below represents the active wallet number since the beginning of the year 2019.