Introducing Combined USD and USD Stablecoin Order Books

In an effort to give customers a more streamlined trading experience, Gemini has combined USD and USD stablecoin order books (GUSD, RLUSD, and USDC) into unified markets.

This change allows Gemini Exchange users the ability to trade GUSD, RLUSD and USDC on the same USD order book, leading to tighter spreads, and a simplified trading experience.

This change also provides the following benefits to our customers:

• Enhanced Liquidity: Merging order books consolidates trading activity, providing our customers with access to greater liquidity across both certain trading pairs. This means that trading pairs like BTC/USD, BTC/GUSD, BTC/RLUSD, and BTC/USDC now share the same underlying liquidity.

• Increased Accessibility: The trading pairs you see in ActiveTrader will depend on your region’s available currencies and asset restrictions. For most customers, both USD and supported stablecoin pairs (GUSD, RLUSD, and USDC) are visible and trade on the same unified USD order books. In some regions, you may also see local currency pairs such as AUD/stablecoin or a reduced set of pairs depending on local availability.

You can find more information on this update on our If you have any questions about this update, please contact our support team

Go Where Dollars Won’t!
Team Gemini