Introduction
GYEN Crypto is a stablecoin advancing on Ethereum that’s planned to maintain a value of one Japanese Yen. The company behind GYEN, GMO-Z.com Trust Company, claims to hold reserves that thoroughly back each GYEN.
What Is Gyen Crypto?
Gyen (GYEN) is a stablecoin pegged to another coin, YEN. The Japanese yen (YEN) that backs GYEN is safely kept in Federal Deposit Insurance Corporation (FDIC)-insured trustee bank accounts. The platform desires to decrease price volatility by connecting the value of the standard currency to the digital asset in a 1:1 ratio. As a result, this stablecoin desires to be a dependable source of value, such as the Japanese yen (JPY), supported by JPY funds.
GMO-Z.com Trust Company combines traditional finance and blockchain for everyone. They are giving GYEN, the world’s first regulated Japanese YEN-pegged stablecoin, and ZUSD, the new digital dollar.
Established in 2020, GMO-Z.com Trust Company was granted a limited-purpose trust charter by the New York State Department of Financial Services. It is a subsidiary of the financial and IT conglomerate GMO Internet Group from Japan.
History of Gyen Crypto.
The GYEN token was launched by GMO-Z.com Trust company, founded in 2020. The trust is a deputy of the IT and financial partnership GMO Internet Group of Japan. The crew behind the GYEN token contains Tomohisa Onishi (COO), Ken Nakamura (CEO), and others. In 2021, the GMO Trust released the official whitepaper of its stablecoins, GYEN and ZUSD.
Where to Buy Gyen Crypto?
If you want to buy GYEN at the current rate, the top cryptocurrency exchange for trading in GYEN stock is Coinbase Exchange.
What is the future of GYEN?
The future of GYEN is highly conditional on the overall execution of the crypto enterprise. When investing in GYEN, you must use the right strategy. This type of investment is inappropriate for those with an asymmetric risk profile. However, it is always an excellent asset for those with high-risk patience and a solid financial situation. Besides its speculative nature, GYEN offers exposure to global technology and an ever-growing ecosystem.
GYEN Crypto price prediction 2023-2033.
| Years | Avg Price | Lowest Price | Highest Price |
|---|---|---|---|
| 2023 | $0.01 | $0.01 | $0.02 |
| 2024 | $0.02 | $0.01 | $0.02 |
| 2025 | $0.02 | $0.02 | $0.03 |
| 2026 | $0.03 | $0.02 | $0.03 |
| 2027 | $0.03 | $0.03 | $0.04 |
| 2028 | $0.04 | $0.03 | $0.05 |
| 2029 | $0.05 | $0.04 | $0.07 |
| 2030 | $0.07 | $0.06 | $0.08 |
| 2031 | $0.09 | $0.07 | $0.10 |
| 2032 | $0.10 | $0.09 | $0.13 |
| 2033 | $0.13 | $0.11 | $0.16 |
GYEN Crypto price prediction 2023
According to our analysis, GYEN’s price for 2023 should range between $0.01 to $0.016, and the average price of GYEN should be around $0.013.
GYEN Crypto price prediction 2024
According to our analysis, GYEN’s price for 2024 should range between $0.013 to $0.02, and the average price of GYEN should be around $0.017.
GYEN Crypto price prediction 2025
According to our analysis, GYEN’s price for 2025 should range between $0.017 to $0.026, and the average price of GYEN should be around $0.021.
GYEN Crypto price prediction 2026
According to our analysis, GYEN’s price for 2026 should range between $0.021 to $0.032, and the average price of GYEN should be around $0.027.
GYEN Crypto price prediction 2027
According to our analysis, GYEN’s price for 2027 should range between $0.027 to $0.041, and the average price of GYEN should be around $0.034.
GYEN Crypto price prediction 2028
According to our analysis, GYEN’s price for 2028 should range between $0.034 to $0.052, and the average price of GYEN should be around $0.043.
GYEN Crypto price prediction 2029
According to our analysis, GYEN’s price for 2029 should range between $0.043 to $0.065, and the average price of GYEN should be around $0.054.
GYEN Crypto price prediction 2030
According to our analysis, GYEN’s price for 2030 should range between $0.055 to $0.082, and the average price of GYEN should be around $0.068.
GYEN Crypto price prediction 2031
According to our analysis, GYEN’s price for 2031 should range between $0.069 to $0.1, and the average price of GYEN should be around $0.086.
GYEN Crypto price prediction 2032
According to our analysis, GYEN’s price for 2032 should range between $0.087 to $0.13, and the average price of GYEN should be around $0.1.
GYEN Crypto price prediction 2033
According to our analysis, GYEN’s price for 2033 should range between $0.11 to $0.16, and the average price of GYEN should be around $0.13.
FAQs
How many GYEN are there?
The current circulating collection of GYEN is 2.7 billion.
What is the relative popularity of GYEN?
GYEN rates 83 among tradable assets on Coinbase. Popularity is presently based on relative market cap.
What is the typical holding time of GYEN?
The median time that Coinbase clients hold GYEN before trading it or sending it to another account is one day.
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