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Market stats

Market cap


Volume (24h)


Circulating supply


Typical hold time

29 days



All time high


Price change (1h)


Price change (24h)


Price change (7d)


About GYEN

GYEN is a stablecoin running on Ethereum that’s intended to maintain a value of one Japanese Yen. The company behind GYEN, Trust Company, claims to hold reserves that fully back each GYEN.

What is GYEN?

GYEN is a digital asset that strives to bridge the gap between traditional finance and the blockchain world. It is a regulated Japanese Yen-pegged stablecoin, issued by Trust Company, a subsidiary of the financial and IT conglomerate GMO Internet Group from Japan. GYEN is an ERC-20 cryptographic token that is strictly pegged 1:1 to the Japanese Yen. It aims to combine the stability of the Japanese Yen with the potential efficiency of a digital asset, under the oversight of US regulators. As an ERC-20 compliant token, GYEN can be transferred on the Ethereum network.

How does GYEN work?

GYEN operates on the Ethereum blockchain, using the ERC-20 protocol, a technical standard for smart contracts. It is created at the time of withdrawal from GMO Trust’s platform and redeemed or “destroyed” at the time of deposit into the platform. The total amount in circulation can be publicly viewed on the Ethereum blockchain. To assure users of its solvency, GMO Trust has engaged an independent registered public accounting firm to examine and attest to the underlying currency reserves, issuing a publicly available attestation report on a monthly basis.

What are the potential use cases for GYEN?

GYEN aims to serve several use cases in the digital asset ecosystem. In the near term, it can be used for volatility hedging, payment for other digital assets, fiat equivalent for trading, and clearing/settlement. It also aims to provide another option in the market. In the longer term, GYEN seeks to be used for cross-border remittance, money transfers, DApp ecosystem, banking the unbanked, and exchanges and decentralized finance. These use cases aim to leverage the stability, transparency, and efficiency of GYEN.

What is the history of GYEN?

Established in 2020, Trust Company was granted a limited purpose trust charter by the New York State Department of Financial Services and is a subsidiary of financial and IT conglomerate GMO Internet Group from Japan. The company issued GYEN, a regulated Japanese Yen-pegged stablecoin, with the intention of connecting traditional finance and blockchain for everyone. The company operates under policies, regulatory oversight, and security standards with the intention of aligning its digital assets with traditional asset frameworks.


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Some highlights about GYEN on social media

1 unique individuals are talking about GYEN and it is ranked #3,410 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, GYEN has an average sentiment score of 0 out of 5. Finally, GYEN is becoming more newsworthy, with 0 news articles published about GYEN. This is a 0% increase in news volume compared to yesterday.

On Twitter, people are mostly bearish about GYEN. There were 0% of tweets with bullish sentiment compared to 100% of tweets with a bearish sentiment about GYEN. 0% of tweets were neutral about GYEN. These sentiments are based on 1 tweets.

On Reddit, GYEN was mentioned in 0 Reddit posts and there were 0 comments about GYEN. On average, there were more upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.

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GYEN is on the rise this week.

The price of GYEN has risen by 4.33% in the past 7 days. The price increased by 0.61% in the last 24 hours. In just the past hour, the price shrunk by 0.01%. The current price is $0.0069 per GYEN. GYEN is 97.96% below the all time high of $0.34.

The current circulating supply is 2,733,961,999 GYEN.


What is the current price of GYEN?

We update our GYEN to USD currency in real-time. Get the live price of GYEN on Coinbase.

What is the market cap of GYEN?

The current market cap of GYEN is $18.84M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of GYEN?

The all-time high of GYEN is $0.34. This all-time high is highest price paid for GYEN since it was launched.

What is the 24 hour trading volume of GYEN?

Over the last 24 hours, the trading volume of GYEN is $27.70K.

What other assets are similar to GYEN?

Assets that have a similar market cap to GYEN include Metacade, Umee, Pangolin, and many others. To see a full list, see our comparable market cap assets.

How many GYEN are there?

The current circulating supply of GYEN is 2.7 billion.

What is the typical holding time of GYEN?

The median time that Coinbase customers hold GYEN before selling it or sending it to another account or address is 29 days.

What is the relative popularity of GYEN?

GYEN ranks 97 among tradable assets on Coinbase. Popularity is currently based on relative market cap.

What is the current trading activity of GYEN?

Currently, 100% of Coinbase users are buying GYEN. In other words, 100% of Coinbase customers have increased their net position in GYEN over the past 24 hours through trading.

Can I buy GYEN on Coinbase?

Yes, GYEN is currently available on Coinbase’s centralized exchange. For more detailed instructions, check out our helpful how to buy GYEN guide.

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