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MakerDAO Votes to Keep Gemini USD in DAI Stablecoin’s Reserves

The result averts near disaster for Gemini’s stablecoin, because MakerDAO holds 85% of all GUSD in circulation.

Tyler Winklevoss and Cameron Winklevoss run Gemini, the issuer of GUSD (Joe Raedle/Getty Images)
Tyler Winklevoss and Cameron Winklevoss run Gemini, the issuer of GUSD (Joe Raedle/Getty Images)