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 Trustโ€™s platform and redeemed or โ€œdestroyedโ€ at the time of deposit into GMO Trustโ€™s platform.

To mint/redeem: Visit GMO-Z

Last updated