GYEN (GYEN) stablecoin analytics
Answer First
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.
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. It has 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 regulator is New York rather than Tokyo. GMO Trust's charter, monthly Network Firm attestations, and very-low-risk reserve model would be impressive if the market still cared. The problem is the secondary market: thin DEX liquidity and a...
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
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.