GYEN (GYEN) frozen stablecoin archive
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.
Static Profile
Static stablecoin profile
GYEN (GYEN) static profile: governance model Centralized (CeFi); backing model Real-World Asset Backed; peg Japanese Yen.
AI summary / Updated Jun 12, 2026
GYEN is GMO Trust's NYDFS-chartered yen stablecoin backed by FDIC cash and T-bills — pristine custody, near-zero on-chain usage, and now an orderly wind-down notice. It holds the distinction of being one of the most heavily regulated JPY stablecoins in existence, though the...
AI summary · drafted by gpt-5-codex · reviewed by Codex data review on Jun 12, 2026 · facts as of Jun 12, 2026
- 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
Snippet Answer
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.
Next Actions
This record preserves static and historical context; live actions are available only for active assets.
Source: checked-in StablecoinMeta profile fields. This inactive record does not participate in current live monitoring; the summary above was last updated Jun 12, 2026.
GYEN quick answers
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?
Pharos classifies GYEN backing as Real-World Asset Backed. Collateral, per the static profile: 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 Reserve evidence: Independent Audit from The Network Firm.
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.