What are GYEN and ZUSD
What are GYEN and ZUSD
The world’s first regulated JPY-pegged stablecoin and a new USD-pegged stablecoin.
GYEN and ZUSD are 100% fiat-backed stablecoins developed and issued by GMO Trust. The mission is to bridge the gap between traditional finance and the digital asset world for the usage of stablecoins, crypto savings, lendings, open finance and DeFi. Every token has a one-to-one reserve balance and can always be redeemed with the underlying fiat currencies. All Japanese Yen and U.S. Dollar reserves that back GYEN and ZUSD in circulation are held securely in FDIC insured trustee bank accounts.
Introduction of GYEN and ZUSD
How to Purchase and Redeem GYEN/ZUSD
Purchase / Mint




- 1. A user requests to purchase GYEN or ZUSD, and deposits JPY or USD to a fiat custody account.
- 2. GMO Trust mints the tokens and sends them to the wallet address of the user’s choice.
Redeem / Burn




- 1. A user requests to redeem GYEN or ZUSD, and sends tokens to the designated burn contract.
- 2. GMO Trust disburses underlying fiat currencies to the user’s custody account.
Ecosystem of GYEN and ZUSD
Institutional firms and retail traders can leverage GYEN and ZUSD tokens for trading, hedging, settlements and payments with lower fees and instant settlement.
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Mint and Redeem
Deposit and Purchase Anytime
GYEN and ZUSD tokens can be minted anytime and can be redeemed on a 1:1 basis with fiat currency.
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Trade
Trade Seamlessly
Trade across our global network of partner exchanges with high speed and low costs. Experience digital fiat trading with ease and flexibility.
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Settle
24/7 High-Speed Settlement
Experience incredible high speed and efficiency for funding and settlement of digital assets across our settlement networks.
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Hold
Hold with Leading Crypto Wallet
Store and transact stablecoins with the world’s leading self-custody crypto wallet.