ChainCatcher news, according to a post by Coinbase Assets on the X platform, announced that after a recent review, it has decided to suspend trading support for Gemini Dollar (GUSD) and GYEN (GYEN) on its official website (both simple and advanced trading), Coinbase Exchange, and Coinbase Prime at around 2 PM Eastern Time on May 7, 2025, due to regular monitoring of assets to ensure compliance with listing standards. The GUSD and GYEN order books will be adjusted to limit order mode.

Chain Catcher news, digital asset bank Anchorage Digital announced today that it has partnered with Japan's financial services and internet group GMO Internet Group to launch regulated yen-backed stablecoin GYEN (JPY) institutional custody and trading services through its U.S. regulated stablecoin subsidiary GMO-Z.com Trust.GYEN is the first yen stablecoin approved by the New York State Department of Financial Services (DFS) and is a 1:1 backed stablecoin, with its assets held by an FDIC-insured bank. (Source link)