GYEN (GYEN) stablecoin analytics
GYEN is GMO Trust's NYDFS-chartered JPY stablecoin; multiple 2021 depegs led to a 2026 class-action settlement covering NY and CA holders.
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 May 15, 2026
GYEN is GMO Trust's NYDFS-chartered yen stablecoin backed by FDIC cash and T-bills — pristine custody, near-zero on-chain usage, a 2026 class-action settlement on file. GYEN holds the distinction of being the most heavily regulated JPY stablecoin in existence — regulated by New...
AI summary · drafted by claude-opus-4-7 · reviewed by @TokenBrice on May 15, 2026 · facts as of May 15, 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?
Pharos does not mark GYEN as absolutely safe. Static metadata says GYEN uses a Centralized (CeFi) governance model and Real-World Asset Backed backing, with Independent Audit from The Network Firm; the main caveat is that issuer or admin freeze controls are recorded. Treat the live peg, liquidity, reserve, dependency, and Safety Score sections below as the current risk read.
Next Actions
Exact bot target: /subscribe dews,depeg,safety gyen-gyen
Source: checked-in StablecoinMeta profile fields. Live price, supply, reserve, liquidity, event, and safety data load in the interactive dossier below; the summary above was last updated May 15, 2026.
GYEN quick answers
What is GYEN (GYEN)?
GYEN is GMO Trust's NYDFS-chartered JPY stablecoin; multiple 2021 depegs led to a 2026 class-action settlement covering NY and CA holders. The static profile records its Japanese Yen peg mechanism as: Direct 1:1 redemption for JPY through GMO Trust (NYDFS-chartered trust company)
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. Live freeze and blacklist events for GYEN, when applicable, appear in the dossier below.