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GYEN Price (GYEN)
2,733,961,999 GYEN
11.07%24,694,217,489 GYEN
1,338,970,140 GYEN
GYEN GYEN GYEN (GYEN) Chart
GYEN (GYEN) Return On Investment(ROI)
What Is GYEN Crypto(GYEN)?
GMO Internet Inc., the Tokyo-based Internet conglomerate, has won approval from the New York Department of Financial Services to establish a limited purpose trust company, GMO-Z.com Trust Company, Inc. ("GMO Trust") . GYEN and ZUSD are 100% fiat-backed ERC-20 stablecoins developed and issued by GMO Trust. All Japanese Yen and U.S. Dollar that back GYEN and ZUSD in circulation are held securely in FDIC insured trustee bank accounts. Every token will have a one-to-one reserve balance and can always be redeemed 1:1 with the underlying fiat currencies.
How Do GYEN and ZUSD Hold Value and Keep Its Prices Stable?
GYEN and ZUSD are each fully backed by JPY and USD, respectively, with a ratio of 1:1. Every GYEN and ZUSD that is issued has the same amount of underlying fiat currencies held at FDIC-insured bank accounts which are regularly monitored and audited. Those fiat reserves hold value and keep prices stable for our tokens.
What Are the Features of GYEN(GYEN)?
GYEN is the first regulated digital JPY.
- Stable value: 100% fiat-backed. Every token will have a one-to-one reserve balance in our segregated bank accounts.
- Transparent: Independent audit reports provided on month-end balances.
- Redemption: You can always redeem 1 GYEN for 1 JPY and 1 ZUSD for 1 USD directly with GMO Trust.
- Powered by blockchain (Ethereum ERC-20 protocol): GYEN and ZUSD use Ethereum technology, the most well-known standard for smart contracts in the digital asset community. All transactions operate according to the rules of a smart contract on the Ethereum platform, eliminating human error.
- No Middlemen: GMO Trust issues and redeems our stablecoins directly, allowing for increased security, transparency and service while lowering fees.
- Liquid: GYEN and ZUSD will be available on exchanges globally against the most liquid digital asset pairs, allowing our stablecoins to be traded against other digital currencies, at the price tokens are being traded.
Where Can You Buy GYEN(GYEN)?
Investing in GYEN can seem complicated, but it is much easier when you buy GYEN through cryptocurrency exchange. Signing up for a cryptocurrency exchange will allow you to buy, sell, and hold GYEN — both for fiat money and other cryptocurrencies. Some of the most popular GYEN cryptocurrency exchange are:
GYEN (GYEN) Community
- Twitter: https://twitter.com/GMOTrust
- Medium: https://gmotrust.medium.com
What is GYEN (GYEN) Contracts address?
GYEN FAQ
What is the price of GYEN token?
CoinCarp does not currently have price data for GYEN as it has yet to be listed on any cryptocurrency exchanges (CEX or DEX). Once GYEN is live on an exchange, CoinCarp will provide real-time GYEN token prices from different exchanges.
Is GYEN token a good investment?
It depends on your personal risk tolerance and investment goals. GYEN is a cryptocurrency that is highly volatile and therefore may not be suitable for all investors. Before investing, please do your own research about cryptocurrencies, crypto wallets, cryptocurrency exchanges, and smart contracts, and it is crucial to understand the risks and potential rewards of investing in cryptocurrencies..
If you decide to get involved in GYEN investing, you will also need to understand the GYEN project's white paper, team background, tokenomics, and the overall market environment.
Where can I buy GYEN token token?
CoinCarp's tracking data suggests that the GYEN is currently not available for purchase on a cryptocurrency exchange. While you may be able to purchase GYEN from other traders through Over-the-Counter (OTC) trading, the risks associated with this method are considerable. We strongly advise you to do your own research and understand the risks involved before engaging in any trading activities for GYEN.
How to short GYEN token?
According to CoinCarp's tracking data, no crypto exchange yet supports GYEN contracts or ETF trading. so you can't short GYEN
What will GYEN token be worth in 5 years?
It is impossible to predict what GYEN will be worth in five years. The cryptocurrency market is highly volatile and can be affected by a variety of factors, such as US dollar policy, government regulations, technological progress, market sentiment, GYEN's circulating supply and the development of project ecology. Therefore, it is impossible to accurately predict the price of GYEN 5 years from now.
GYEN Price Statistics
GYEN Price
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Price Change24h
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24h Low / 24h High
$0.006907 / $0.006907
Trading Volume 24h
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Volume/Market cap (24h)
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Market Dominance
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Market Cap
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Fully Diluted Market Cap
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7d Low / 7d High
$0.006907 / $0.006907
30d Low / 30d High
$0.006907 / $0.006907
90d Low / 90d High
$0.006907 / $0.006907
52 Week Low / 52 Week High
$0.004605 / $0.00771
All Time High
$0.0669
All Time Low
$0.004605
