GYEN and ZUSD Stablecoins
Are Now Available
on the Stellar Network
GMO Trust and the Stellar Development Foundation announced that GYEN, the first regulated Japanese yen stablecoin, and ZUSD, our trusted U.S. dollar stablecoin, are now available on the Stellar network.
Stellar is a decentralized, fast, scalable, and uniquely sustainable network for financial products and services. It is both a cross-currency transaction system and a platform for digital asset issuance, designed to connect the world’s financial infrastructure. Financial institutions worldwide issue assets and settle payments on the Stellar network, which has grown to over 7 million accounts.Learn more about Stellar
The Power of the Stellar Network
The Stellar network was designed specifically for the efficient transfer of value, which confers a number of important advantages.
Fast and Cost-Effective Transactions: Transactions are confirmed in ~5 seconds with a network fee averaging $0.00005 per operation.
Environmentally Responsible: The Stellar Consensus Protocol is significantly less energy intensive than proof-of-work networks and does not use or rely on miners/mining.
Interoperability: Allows institutions and currencies to connect and interoperate across borders, almost seamlessly.
Cash on/off ramps: In over 200 countries.
About GYEN and ZUSD
Stellar GYEN is the world’s first regulated JPY-backed stablecoin and Stellar ZUSD is a trusted U.S. dollar-backed stablecoin. Through this collaboration, Stellar-based businesses and partners will be able to seamlessly and cost-effectively connect using GYEN and ZUSD for near-instant, borderless transactions.
GYEN and ZUSD are 100% reserve-backed stablecoins, with their reserves audited publicly on a monthly basis by an independently registered accounting firm. GYEN can always be purchased and redeemed 1:1 with Japanese Yen, ZUSD can always be purchased and redeemed 1:1 with U.S. Dollars, directly from GMO Trust.
How to Get Stellar GYEN and Stellar ZUSD
Open a GMO Trust Account
Complete and Pass KYC Process
Get Verified and Start Purchasing or Swapping Stellar GYEN / Stellar ZUSD
What GMO Trust is building
A Seamless Way to Convert Stablecoins with Fiat
Instant Swaps Between Blockchains
The Next Generation Digital Fiat
Frequently Asked Questions
Connect and convert your Japanese Yen and U.S. Dollars todayGet Started