GYEN

About GYEN token

Stablecoins GYEN and ZUSD, issued by GMO-Z.com Trust Company, Inc., are pegged to the Japanese Yen and the US Dollar, respectively. GYEN, as the first regulated digital JPY, offers a currency substitute GYEN as the first regulated digital JPY offers a currency substitute that is fiat-backed and provides security, intended for easy trade over cross-border networks. ZUSD mirrors GYEN by providing a stable, transparent USD counterpart for effortless transactions and real-time settlement. ZUSD mirrors GYEN by providing a stable, transparent USD counterpart for effortless transactions and real-time settlement. GYEN and ZUSD stablecoins are unique as they are available on multiple chains including Ethereum and Stellar which enables real-time transactions on a global scale, which increases access for a wider audience. Having top custodians backing and listing them on multiple top-tier exchanges increases security and transparency due to third-party attestations of reserves conducted monthly. Thus, the pegged stablecoins aim to alleviate complexities arising in digital finance by removing intermediaries and lowering trade, settlement, and fund transfer costs, enhancing operational efficiency, borderless payments and fund transfers.

Key metrics & performance data

($gyen) is an Ethereum-based cryptocurrency token with this contract address 0xc08512927d12348f6620a698105e1baac6ecd911. The official launch date of the token was November 13, 2021.

Currently, the GYEN price is $0.00645476133783339 with a -3.84% increase in the last 24 hours. The token has a 24-hour trading volume of $8 948.33 and a total market capitalization of $7 008 210. $gyen is held by 10,318 unique holders, with the top 10 collectively owning only 0.76% of the total supply.

Current site metrics show that $gyen is ranked 468th in popularity, and 3423th in GuGu Rank.