SecurityPrimary source

GYEN conversion to USDC

Oct 20 , 08:14 PDT Monitoring - GMO-Z.com Trust Company, Inc., the issuer of GYEN, is winding down the GYEN stablecoin. Coinbase will convert all GYEN held on Coinbase to USDC from October 26 - 30, 2026. Send and receive support for GYEN will be disabled on Coinbase from October 26, 2026. Any GYEN that remains on platform as of October 26, 2026 will be converted to USDC from October 26 - 30, 2026. Your tokens...

What happened

Oct 20 , 08:14 PDT Monitoring - GMO-Z.com Trust Company, Inc., the issuer of GYEN, is winding down the GYEN stablecoin. Coinbase will convert all GYEN held on Coinbase to USDC from October 26 - 30, 2026. Send and receive support for GYEN will be disabled on Coinbase from October 26, 2026. Any GYEN that remains on platform as of October 26, 2026 will be converted to USDC from October 26 - 30, 2026. Your tokens...

Why it matters

The development may change operating conditions or market expectations around Coinbase, USDC. Further confirmation and measurable outcomes matter.

Affected entities

Coinbase · COINNeutralUSDC · USDCNeutral

View evidence

1 reports · 1 original report · 1 independent

  1. Coinbase StatusPrimary source · Supports · EN · 100%
    GYEN conversion to USDC ↗

Claims

  • GYEN conversion to USDC Observed

Conflicts

No material conflict detected in the available evidence.

Timeline

  1. First reported

Market move following event

Market reaction is not yet available for this asset and time window.

Score explanation

Confidence · formula confidence-2.1.0
Source trust96
Independent corroboration51
Primary evidence100
Claim consistency82
Extraction confidence82
Attribution quality90
Impact · formula impact-2.1.0
Event magnitude45
Market relevance74
Entity significance85
Market breadth63
Novelty68
Urgency55
Ranking · formula rank-1.0.0
Confidence factor0.919
Freshness factor0.9997
Breaking bonus0