GYEN
Coinbase will automatically convert customers' remaining GYEN holdings into USDC. Coinbase will disable GYEN transfers on Oct. 26. GMO Trust began winding down GYEN in May 2026. The issuer’s 180‑day redemption period for GYEN closes on Nov. 11, 2026. Eligible customers can redeem each GYEN for one Japanese yen in the issuer’s final redemption process. GMO Trust guarantees the token’s stated yen value through its direct‑redemption process. Holdings remaining after Nov. 11 will be converted into USDC based on their stated redemption values, with GYEN’s dollar equivalent determined using an exchange rate fixed on Nov. 12. GYO handling by Coinbase refers to the handling of GYEN by the exchange. When Coinbase began supporting it in November 2021, GYEN’s trading price surged far above the Japanese yen before collapsing.· Entity summary generated by Graphiti
Relation timeline
BY VALID-FROM DATE- GYENCONVERTED TO USDC AFTER NOV11USDC
Holdings remaining after Nov. 11 will be converted into USDC based on their stated redemption values, with GYEN’s dollar equivalent determined using an exchange rate fixed on Nov. 12.
- CoinbaseCONVERTS GYEN TO USDCGYEN
Coinbase will automatically convert customers' remaining GYEN holdings into USDC.
- CoinbaseDISABLES GYEN TRANSFERSGYEN
Coinbase will disable GYEN transfers on Oct. 26.
- GYENHANDLED BYCoinbase
GYO handling by Coinbase refers to the handling of GYEN by the exchange.
- GMO-Z.com Trust CompanyFINAL REDEMPTION DEADLINEGYEN
The issuer’s 180‑day redemption period for GYEN closes on Nov. 11, 2026.
- GYENGUARANTEED BYGENIUS Act
GMO Trust guarantees the token’s stated yen value through its direct‑redemption process.
- GYENREDEEMABLE FORGPT
Eligible customers can redeem each GYEN for one Japanese yen in the issuer’s final redemption process.
- GENIUS ActWINDING DOWNGYEN
GMO Trust began winding down GYEN in May 2026.
- GYENTRADING PRICE SURGED ABOVEGPT
When Coinbase began supporting it in November 2021, GYEN’s trading price surged far above the Japanese yen before collapsing.
Relations are facts Graphiti extracted from reports, not verbatim quotes. An end date means later reporting showed the relation no longer holds.