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| GYEN 
| #GYEN
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| GYEN Price: | $0.00717 | | Volume: | $9.5 K | | All Time High: | $111 | | Market Cap: | $15.9 M |
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| Circulating Supply: | 2,216,424,038 |
| Exchanges: | 2
| | Total Supply: | 2,216,429,679 |
| Markets: | 3
| | Max Supply: | — |
| Pairs: | 3
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The price of #GYEN today is $0.00717 USD.
The lowest GYEN price for this period was $0, the highest was $0.00717, and the exact current price of one GYEN crypto coin is $0.00716691.
The all-time high GYEN coin price was $111.
Use our custom price calculator to see the hypothetical price of GYEN with market cap of ETH or other crypto coins. |
The code for GYEN crypto currency is also #GYEN.
GYEN is 2.2 years old. |
The current market capitalization for GYEN is $15,884,916.
GYEN is ranking downwards to #481, by market cap (and other factors). |
There is a small volume of trading today on #GYEN.
Today's 24-hour trading volume across all exchanges for GYEN is $9,543. |
| The circulating supply of GYEN is 2,216,424,038 coins, which is 100% of the total coin supply. |
GYEN has limited pairings with other cryptocurrencies, but has at least 3 pairings and is listed on at least 2 crypto exchanges.
View #GYEN trading pairs and crypto exchanges that currently support #GYEN purchase. |
| Note that there are multiple coins that share the code #GYEN, and you can view them on our GYEN disambiguation page. |
Monthly USD/JPY Market Analysis: What To Watch For
On April 10, Kazuo Ueda took charge as the new BOJ Governor. With all the chaos around the USD, the news had little effect on the USD/JPY. It’s an all-greenback show. So, what does the short-term future look like for the USD/JPY? Here we’ll find out why USD/JPY has been a dollar story and can the BOJ policies move the needle.Various factors can influence the prices of stablecoins in the digital forex market, and one crucial consideration is the market trend of the underlying fiat currency. Our blog regularly updates major currency price movements and analyzes the policies and economic factors that drive them. — What’s going on with USD/JPY? - After dropping to 130.89 on April 5, the USD/JPY has recovered and is trading at 134.04. The decline resulted from banking turmoil in the US, where traders flocked to the safe-haven JPY. But now, as the banking stress is easing off and Ueda’s unchanged policies, for now, are keeping the bulls excited.USD/JPY rate — Not too fast - Since taking office, there has been speculation that Ueda will reverse his predecessor’s policies. During Kuroda’s tenure, the BOJ implemented a yield-curve control policy (YCC), which involved buying Japanese government bonds (JGBs) to pursue low long-term interest rates. This approach and its side effects have come under increasing scrutiny as it is not connected with other central banks that have increased rates over the past year... 
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zkSync Era: An Exciting Step Forward for Ethereum’s Scalability and Growth
As the demand for Layer 2 scaling solutions for Ethereum grows, zkSync stands out as a promising contender. Following our articles on Optimism and Arbitrum, in this article, we’ll explore zkSync’s unique features, how it works, the native token, and what makes it different from other Layer 2 solutions like Optimism and Arbitrum. — What is zkSync? - zkSync is a Layer 2 scaling solution developed by Matter Labs for Ethereum that employs Zero-Knowledge (ZK) rollups to enable fast, secure, and cost-efficient transactions. With off-chain computation and storage, zkSync addresses Ethereum’s scalability and high transaction costs while maintaining the same security level as Ethereum. Since its public Mainnet AlphazkSync Era, launch on March 24, the zkSync ecosystem has been quickly rising to become the third most popular Layer 2 solution with over $100 million in value locked within 10 days, and once reached a peak of 4.4 TPS(transactions per second). — Zero-Knowledge Rollups (ZK-Rollups) - zkRollups use a different approach to process transactions on Ethereum compared to Optimistic rollups. Generally, ZK-Rollups offer higher security through cryptographic proofs, and lower transaction costs with an off-chain data extension called zkPorter. In contrast, Optimistic rollups provide greater scalability and lower costs by bundling hundreds of transactions into a single transaction on Ethereum’s main network, reducin...
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Unpacking the Recent Economic Factors Shaping USD/JPY: What You Need to Know
The JPY has been at the center of the forex market recently as we concluded the “tremulous week.” The USD/JPY dipped towards 130 after the banking sector collapsed and hit the lowest level in five weeks. Here, we’ll look at why there has been a sudden flock toward JPY, how the recent economic factors affect the pair, and what to look for when the BOJ governor changes in April.Various factors can influence the prices of stablecoins in the digital forex market, and one crucial consideration is the market trend of the underlying fiat currency. Our blog regularly updates major currency price movements and analyzes the policies and economic factors that drive them. — What’s going on with USD/JPY? - After reaching as high as 137.911 on March 8, USD/JPY has declined. The pair has lost significant ground as it is trading at 130.962. This is the biggest drop for the pair in five weeks as the concerns over the banking sector intensify.USD/JPY Exchange Rate — What’s up with the global financial system? - The global financial sector has been jolted by a series of shocks in the last week, triggered by the failure of California’s Silicon Valley Bank. Signature Bank of New York followed this. In Europe, Credit Suisse asked for a lifeline too. Amidst the crises, the Federal Reserve, European Central Bank, Bank of England, Swiss National Bank, Bank of Canada, and Bank of Japan announced a joint effort to improve ma...
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Explore Japanese DeFi With the Latest GYEN Quest On Layer3!
Explore Japanese DeFi With the Latest GYEN Quest On Layer3 - Explore Japanese DeFi with GYEN Join the ranks of Web3 explorers with the latest GYEN Quest on Layer3! We are excited to announce that the GYEN Quest on Layer3 has launched today, bringing an engaging and interactive experience for exploring Japanese DeFi, while earning XP and unlocking rewards. Whether you are a seasoned explorer or new to Web3, this Quest is an excellent opportunity to learn, earn, and connect with like-minded enthusiasts.🚀 Start GYEN Quest Now ▶ L3.xyz — What is Layer3 - Discover Web3 with Layer3 Layer3 is a platform that enables anyone to explore the exciting realm of Web3 through seamless and interactive experiences known as Quests. These Quests act as a roadmap that takes users through various domains of Web3, allowing them to uncover new projects, learn the latest knowledge in the crypto field, and engage with other passionate Web3 advocates. — Learn and Earn XP with Quests - Discover Quests on Layer3 Layer3 Quests consist of a series of on-chain and off-chain actions that guide users through a Web3 product. After completing each activity, Layer3 verifies the user’s progress before unlocking the subsequent step. On Layer3, each Quest is meant to be interactive and engaging, featuring quizzes, and challenges. Completing Quests on Layer3 can earn users XP, and the amount of XP awarded depends on the difficulty of each Q...
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Important Notice: Stay Safe From Impersonation Attacks
We would like to bring to your attention that we have recently become aware of a number of scam websites and services that are impersonating GMO-Z.com Trust Company, Inc. (“GMO Trust”) and attempting to defraud our customers. We take this issue very seriously and want to ensure that our customers are aware of these fraudulent activities and take appropriate measures to protect themselves. These scam websites and services may claim to offer our products or services, such as; 1. Deposit accounts, wallets, and custody services for retail customers seeking to buy and sell a range of cryptocurrencies from various issuers; 2. Real-time market data for these cryptocurrency products; 3. Funds transmission and exchange services enabling customers to use their deposited funds to purchase and sell cryptocurrencies; and 4. Self-directed trade execution for purchases and sales of cryptocurrency products. These offers that are purporting to be from GMO Trust are designed to steal your money and identity. These are falsely claiming to be affiliated with GMO Trust, or GMO Internet Group entities. Please be aware that GMO Trust only conducts business through our official website stablecoin.z.com. If you come across unsolicited emails, phone calls, websites and social media accounts, or other messages claiming to be from GMO Trust and asking for your personal or financial information, please do not respond or provide any information. Inst...
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GYEN and ZUSD pairs are now live on StellarX
We are pleased to announce that GYEN and ZUSD pairs are now available on StellarX, a decentralized exchange user interface for the Stellar trading environment. From Ethereum to Stellar blockchain, GYEN and ZUSD can now take advantage of faster verification times and lower transaction fees, bringing traders a more seamless and efficient trading experience. — What is StellarX - StellarX — DEX trading platform with AMM access StellarX is a graphical user interface (GUI) for the decentralized Stellar exchange, enabling users to trade a wide range of assets through its intuitive interface. Unlike cryptocurrency exchanges, StellarX does not operate its own trading system or hold users’ assets and private keys within the platform. Instead, it provides secure and convenient access to the public Stellar trading environment, setting it apart from other exchanges. — Transaction fees on StellarX - Trading on StellarX comes at no cost to users. While the Stellar network charges a nominal transaction fee of 0.00001 XLM to prevent spam, StellarX refunds the transaction fees for every trade on its platform, making it an affordable and convenient option for traders. — Wallets for StellarX - LOBSTR — Simple & Secure Stellar Wallet Users have several options to start trading on StellarX, including using Stellar wallets, Ledger, and more. Among these options, LOBSTR Wallet is a popular choice for storing ...
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GMO-Z.com Trust Company Partners with Komainu to Offer Institutional Custody for Regulated…
GMO-Z.com Trust Company Partners with Komainu to Offer Institutional Custody for Regulated Stablecoins GYEN and ZUSD - GMO-Z.com Trust Company Partners with Komainu to Offer Institutional Custody for Regulated Stablecoins GYEN and ZUSD NEW YORK — March 6, 2023 — GMO-Z.com Trust Company, Inc. (“GMO Trust”) has partnered with Komainu, a regulated digital asset custody service provider built by institutions for institutions, to offer secure and compliant institutional-grade custody services for GYEN and ZUSD, the regulated Japanese yen (“JPY”) stablecoin and the U.S. Dollar (“USD”) stablecoin. GYEN and ZUSD are the regulated JPY stablecoin and USD stablecoin approved by the New York State Department of Financial Services (NYDFS) and are 1:1 backed stablecoins with assets held at FDIC-insured banks. As a regulated, institutional-grade digital asset custodian, Komainu provides the same safeguards and protections that investors are accustomed to in traditional finance. This partnership enables institutional clients to leverage the regulated stablecoins ecosystem under the highest standard of compliant custody framework to consolidate and interact with digital assets. Ken Nakamura, CEO of GMO-Z.com Trust Company, Inc., said: “Komainu provides more than just a secure custody service — their comprehensive legal compliance and the flexibility of easy access are incomparable. We believe bridging the re...
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Decoding the Digital Forex Changes in the USD/JPY Market
The forex market is always buzzing with activity, and one currency pair that has been making headlines recently is the USD/JPY. In recent weeks, the USD/JPY has seen some significant price changes, with the greenback strengthening against the Japanese yen. This trend has been driven by many important factors, like talks surrounding BOJ’s monetary policy, the new governor, and positive economic data out of the US. So let’s take a closer look at what’s been driving these changes and what they could mean for USD/JPY.In the digital forex market, trading prices of stablecoins can be affected by various factors. The market trend of the underlying fiat currency is an essential factor to consider.In our blog, we periodically update on the price movements of major currencies and analyze the policies and economic factors driving them. — What’s going on with USD/JPY? - After dipping to 127.215 in January 2023, USD/JPY bulls have dominated. The pair has gained more than 5%, as the news surrounding the BOJ’s next governor and the dovish monetary policy affects the JPY. On the USD end, the hot inflation figures reported by the latest CPI (Consumer Price Index) and the PPI (Producer Price Index) suggest “There’s more work” for the Fed.USDJPY price chart — BOJ’s Governor talks - On February 14, the Japanese government formally nominated economist Kazuo Ueda to be the next governor of the Bank of Japan. Bo...
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Unlocking Ethereum’s Scalability With Optimism: The Layer-2 Solution You Need To Know
Optimism, one of the top Layer 2 scaling solutions for Ethereum, has rapidly increased its total value locked (TVL) since its June 2022 airdrop. With over $1.72 billion TVL, Optimism is quickly gaining ground on its competitor Arbitrum, which currently holds $2.85 billion TVL. As the demand for Layer 2 solutions continues to rise, Optimism’s unique features and advantages over other solutions make it a promising candidate for the future of Ethereum’s scalability. In this article, we will explore Optimism’s key features and examine its potential impact on the future of the Ethereum network. — What is Optimism - Optimism is a Layer 2 scaling solution for Ethereum that enables fast and cost-efficient transactions through the “rollup” technology. It operates transactions off-chain from the Ethereum blockchain while utilizing Ethereum’s infrastructure. During a transaction, Optimism maintains communication with Ethereum’s Layer 1 to ensure the same level of security and decentralization guarantees. — Optimistic rollups and ZK-rollups - There are two main categories of rollups: Optimistic and Zero-Knowledge (ZK). Optimistic rollups provide greater scalability and lower costs by bundling hundreds of transactions into a single transaction on Ethereum’s main network, therefore reducing the gas fee required to pay. Transactions on Optimistic rollups are assumed to be valid unless proven otherwise, and there...
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GMO-Z.com Trust Company Partners with Hex Trust to bring institutional-grade custody for GYEN, a…
GMO-Z.com Trust Company Partners with Hex Trust to Bring Institutional-Grade Custody for GYEN, a Regulated Japanese Yen Stablecoin - GMO-Z.com Trust Company Partners with Hex Trust to Bring Institutional-Grade Custody for GYEN, a Regulated Japanese Yen Stablecoin NEW YORK — February 13, 2023 — GMO-Z.com Trust Company, Inc. (“GMO Trust”) has partnered with Hex Trust, the leading institutional digital asset custodian, to bring institutional investors fully-licensed and highly-secure custody support for GYEN, the first regulated Japanese yen (“JPY”) stablecoin. Hex Trust is the leading provider of fully-licensed and insured bank-grade digital asset custody and related services. The partnership integrates Hex Trust’s compliant, institutional-grade custodial services built with the highest level of security, enabling clients to seamlessly and securely access the regulated stablecoin ecosystem. Ken Nakamura, CEO of GMO-Z.com Trust Company, Inc., said: “Hex Trust offers an unparalleled level of security and compliance that caters to institutional demands for digital asset custody services, providing clients with a more efficient and accessible means to participate in digital finance. We are pleased to partner with Hex Trust to facilitate digital finance participation and broader institutional engagement with stablecoins.” Calvin Shen, Managing Director of Hex Trust, said: “Regulated and compliant stablec...
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 | Goldman Sachs Downgrades Coinbase to Sell Rating — Analyst Says Fi...
Analysts from the multinational investment bank and financial services company Goldman Sachs Group Inc. have downgraded Coinbase Global Inc. in a note to investors on Monday. Today, Coinbase shares are down 83.68% from the stock's all-time high (ATH) in November 2021. Goldman analyst William Nance explained that his group of market strategists believes 'Coinbase will need to make substantial reductions in its cost base.'Goldman Downgrades Coinbase, COIN Shares Down 83% From Price High
Coinbase shares have suffered during the bear market as many crypto company stocks have lost considerable value during the last few months. When Coinbase first went public on April 14, 2021, the company's shares were listed on Nasdaq via a direct listing under the ticker COIN. At the time, the Coinbase initial public offering (IPO) reference price was set at $250, and investors saw the crypto exchange's listing as a 'watershed' moment.
Following the stock coming out of the gate 14 months ago, amid that timeframe COIN tapped an ATH at $342.98 per share on November 12, 2021. Two days prior, bitcoin (BTC) reached its lifetime price high at $69K per unit. While BTC lost 70% over the next eight months, COIN has lost 83.68% since that time. On Monday, in a report published by Bloomberg, Goldman Sachs' analysts weighed in on Coinbase shares and downgraded the stock to a sell rating.
In a note to investors, the investment bank's lead research analyst for payments and digital assets sectors, William Nanc...
|  | Japanese giant GMO Internet Group to build blockchain business on Klaytn
GMO Internet Group, a Japan-based internet service provider. announced it will partner with Klaytn Foundation to explore blockchain business on Klaytn, a blockchain initiative by the Kakao Group.
This latest move is a continuation of the conglomerate's expansion in internet infrastructure, financial services, e-commerce, payments, and cryptocurrency business segments. It currently operates an online FX trading platform and brokerage, internet bank, payment gateway businesses, cryptocurrency exchanges, and is the issuer of stablecoins GYEN and ZUSD which are pegged to JPY and USD.
Klaytn Foundation is a non-profit entity inSingapore that supports the Klaytn blockchain ecosystem by accelerating the sustainable global growth of Klaytn. Klaytn is a service-centric blockchain platform that aims to provide an intuitive development environment and user-friendly experiences for blockchain.
'The partnership of the largest internet company in Japan with one of the largest tech companies in Korea is one that encompasses a shared commitment to building new and open digital economies and offering a digital corridor to both marketplaces through the Klaytn blockchain.
- David Shin, Head of Global Adoption at Klaytn Foundation
Klaytn Foundation supports partners through various resources for testing the feasibility of blockchain businesses. One of the ways this is done is through the management of the USD $500 million Klaytn Growth Fund, which supports ecosystem players through various capi...
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