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YEN

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Stablecoin platform enabling transactions with Japanese Yen-linked cryptocurrency.

Overview

YEN is a stablecoin platform that is pegged to the Japanese Yen, aimed at facilitating transactions in a cryptocurrency environment characterized by lower volatility. The platform includes a range of products such as exchange services, V Prepaid Cards, NFT collections, and invoice payment solutions. It targets both consumers and businesses that seek stable digital currency alternatives, addressing the issue of cryptocurrency volatility by offering a consistent medium for purchasing goods and services. Users can access YEN through widely used wallets like MetaMask and can trade it on secondary markets, including Uniswap. The platform's range of services contributes to its role within the fintech sector.

Key facts

Founded
2020
Headquarters
Bunkyo, Japan

Business model

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About YEN

What does YEN do?

YEN is a stablecoin platform that is pegged to the Japanese Yen, aimed at facilitating transactions in a cryptocurrency environment characterized by lower volatility.

Where is YEN headquartered?

YEN is headquartered in Bunkyo, Japan.

When was YEN founded?

YEN was founded in 2020.

Which sector is YEN in?

YEN operates in Decentralized Finance, part of Financial Technology.

Who are YEN's competitors?

Companies similar to YEN include Serenus Coin, Amole, and EURST.