The Gemini dollar is a cryptographic token built on the Ethereum network according to the ERC-20 standard, and is strictly pegged 1:1 to the U.S. dollar. As an ERC-20 compliant token, the Gemini dollar can be transferred on the Ethereum network.
You can read more about the Gemini dollar as the world’s first regulated stablecoin in our white paper here: https://gemini.com/wp-content/themes/gemini/assets/img/dollar/gemini-dollar-whitepaper.pdf