GYEN

GYENJPY pegStablecoin
E-moneyFiat reserve (1:1)
UnverifiedPart of GMO-Z.com Trust Company
First and only NYDFS-regulated Japanese yen stablecoin (winding down).

Historical peg variance

Tight peg

91-day series · source: CoinGecko

¥1.0000 peg

Chain distribution

Circulating supply by chain · updated 15h ago

DeFi Llama
Ethereum912.9M GYEN94.2%
Stellar55.2M GYEN5.7%
Arbitrum1.5M GYEN0.2%
Solana8.4K GYEN0.0%
OP Mainnet101 GYEN0.0%

Metadata

Peg targetJPY
Sub-categoryStablecoin
Chains
Arbitrum nativeNo
LiveNo
Founded

Issuance

Backing & mint/redeem mechanics per the issuer.

DeFi Llama
Peg mechanismFiat-backed

You need to make an account (Institutional or Individual) in order to redeem GYEN for JPY

Research agent