GYEN

GYEN

First regulated Japanese Yen stablecoin issued by GMO Trust, providing 1:1 JPY-pegged digital currency for DeFi and international settlements

Launch Year
2021
Consensus
Proof of Stake (Ethereum)
Max Supply
Dynamic (pegged 1:1 to JPY)
Block Time
~12 seconds (Ethereum)
GYEN
GYEN
GYEN
Price
24h Change
Market Cap
Volume (24h)
Circulating Supply
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GYEN Price Chart

GYEN / USD
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About GYEN

GYEN is a regulated Japanese Yen stablecoin issued by GMO Trust, a New York-regulated trust company and subsidiary of Japan's GMO Internet Group. It is the first regulated JPY-pegged stablecoin, providing a digital representation of the Japanese Yen on blockchain. Each GYEN is backed 1:1 by Japanese Yen held in reserve. GYEN enables Japanese Yen-denominated settlements in DeFi, international JPY transfers, and access to JPY liquidity in decentralized markets without geographic restrictions. GMO Trust also issues ZUSD (USD stablecoin) using the same regulated framework.

History

2020
GMO Trust receives NYDFS charter; begins GYEN development
2021
GYEN launches as first regulated JPY stablecoin on Ethereum
2021
GYEN lists on Coinbase Pro; significant trading volume achieved
2022
GYEN expands DeFi integrations and cross-chain availability
2023
GYEN maintains status as leading regulated JPY stablecoin

How to Swap GYEN

To swap GYEN (GYEN) on SyntheticSwap, no account creation or KYC is required. GYEN runs on the Ethereum blockchain as an ERC-20 token, compatible with MetaMask, Ledger, Rainbow, and any Web3 wallet. Navigate to SyntheticSwap, choose GYEN as either source or target, enter your wallet address for the destination asset, and send GYEN from your personal wallet to the deposit address shown. Swaps typically settle within a few Ethereum block confirmations, and your destination asset lands directly in your specified wallet.

How to Store GYEN

Store GYEN in any ERC-20 compatible Ethereum wallet such as MetaMask, Ledger, or Trust Wallet. GYEN maintains a stable value tracking the Japanese Yen.

Frequently Asked Questions