GMO Trust holds 100% of the underlying asset that backs #GYEN in fiat currency $JPY.
02 Dec 2021, 23:00
GMO Trust holds 100% of the underlying asset that backs #GYEN in fiat currency $JPY.
As customers purchase $GYEN directly from GMO Trust's platform, we will be minting more. We hold JPY 1:1 in our bank account for every GYEN we mint.