GYEN, issued by GMO Trust, is a trusted Japanese Yen stablecoin designed to bridge traditional finance with the digital asset world. It supports applications in stablecoin usage, digital asset-based savings, lending services, open finance, and DeFi. Each GYEN token is backed 1:1 by actual Japanese Yen reserves held in insured financial institutions, government money-market funds, or U.S. Treasury bills with a maturity of three months or less, ensuring it can always be redeemed at a 1:1 ratio with the underlying fiat currency.
Manage your GYEN tokens seamlessly with your MEW Wallet. To receive GYEN tokens, send them to your public wallet address and view them by selecting your wallet and the token from the tokens list. The GYEN token information page will appear. To send GYEN tokens, click the ‘Send’ button and enter the recipient’s wallet address. For swapping GYEN tokens, click the ‘Swap’ button and choose your desired tokens. If the ‘Swap’ button is inactive, use a DEX to swap your tokens.