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GYEN is a stablecoin running on Ethereum that��s intended to maintain a value of one Japanese Yen. The company behind GYEN, GMO-Z.com Trust Company, claims to hold reserves that fully back each GYEN. For everyone, GMO-Z.com Trust Company links traditional finance with blockchain. GYEN, the world's first regulated Japanese YEN-pegged stablecoin, and ZUSD, the new digital dollar, will be released.The New York State Department of Financial Services awarded GMO-Z.com Trust Company a limited purpose trust charter in 2020, and it is a subsidiary of the Japanese financial and IT behemoth GMO Internet Group.