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

User deposits fiat User deposits fiat
GMO Trust mints tokens GMO Trust mints tokens
  • 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

User sends tokens to burn User sends tokens to burn
GMO Trust disbures fiat GMO Trust disbures fiat
  • 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.

  • 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.

  • 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.

  • Settle


    24/7 High-Speed Settlement

    Experience incredible high speed and efficiency for funding and settlement of digital assets across our settlement networks.

  • Hold


    Hold with Leading Crypto Wallet

    Store and transact stablecoins with the world’s leading self-custody crypto wallet.