Profile
GYEN profile facts
GYEN (GYEN) static profile: governance model Centralized (CeFi); backing model Real-World Asset Backed; peg Japanese Yen.
- Collateral
- Japanese yen reserves held in FDIC-insured financial institutions, government money-market funds, or U.S. Treasury bills (≤3 months to maturity) per NYDFS guidelines
- Peg mechanism
- Direct 1:1 redemption for JPY through GMO Trust (NYDFS-chartered trust company)
- Jurisdiction
- United States / NYDFS / Trust Charter
- Proof of reserves
- Independent Audit by The Network Firm Reserve source
Source: Pharos registry profile fields. This inactive record does not participate in current live monitoring.
GYEN quick answers
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What is GYEN?
GYEN is GMO Trust's NYDFS-chartered JPY stablecoin now in wind-down, with purchases disabled and redemption-only access open during the initial period. The static profile records its Japanese Yen peg mechanism as: Direct 1:1 redemption for JPY through GMO Trust (NYDFS-chartered trust company).
Is GYEN safe?
GYEN is a frozen Pharos archive, not a current safety endorsement. The archived static profile records a Centralized (CeFi) governance model, Real-World Asset Backed backing, Independent Audit from The Network Firm, and notes that issuer or admin freeze controls are recorded.
What backs GYEN?
The archived Pharos profile records GYEN's reserves as 100% JPY in FDIC-insured institutions or T-bills (≤3 months). Reserve evidence: Independent Audit by The Network Firm. Pharos classifies the backing as Real-World Asset Backed.
Can GYEN be frozen or blacklisted?
Based on tracked contract metadata and blacklist coverage, issuer or admin freeze controls are recorded. GYEN is a frozen Pharos archive; the recorded history below is read-only.
