What is GYEN?
GYEN is a digital currency issued by the Stablecoin Corporation, a subsidiary of Z.com. It is designed to be a stablecoin, meaning it has low volatility and maintains its value against other currencies. GYEN is backed by Japanese yen (JPY), and each coin is worth one JPY. GYEN can be used for payments, remittances, investments, and more.
GYEN was launched in 2019 as part of the Stablecoin Corporation’s mission to provide access to financial services for everyone. The company believes that digital currencies are the future of finance and that they should be accessible to all. GYEN allows users to easily send money around the world without having to worry about exchange rates or fees.
The Stablecoin Corporation also provides custodial services for GYEN holders, allowing them to store their coins securely in cold storage wallets. Additionally, users can purchase GYEN with credit cards or bank transfers on the Z.com platform.
GYEN has been well-received by investors due to its low volatility and strong backing from the Japanese yen. It has become an increasingly popular choice among those looking for a safe investment option in the cryptocurrency space.
