GYEN

Official Site: https://stablecoin.z.com/gyen/

GYEN is an ERC-20 cryptographic token that is issued by GMOZ.com Trust Company Inc (GMO Trust), approved and regulated by the New York State Department of Financial Services, and strictly pegged 1:1 to the Japanese Yen (respectively). GYEN is a stable value coin that combine the creditworthiness and price stability of the Japanese Yen with the technology and efficiency advantages of a digital asset and the oversight of U.S. regulators. GYEN is created at the time of withdrawal from GMO Trust’s platform and redeemed or “destroyed” at the time of deposit into GMO Trust’s platform.

To mint/redeem: Visit GMO-Z

Last updated