New stablecoins GYEN and ZUSD now on Bitstamp


We’re continuously adapting and growing our offerings to meet the diverse needs of our customers. We’re excited to announce the addition of two new stablecoins: GYEN and ZUSD, each listed on the Stellar network. This choice reflects our commitment to providing stability and reliability in the dynamic world of digital finance. Stellar's network is renowned for facilitating fast, secure, and cost-efficient stablecoin transactions, making it an ideal platform for global financial operations.Start trading nowListing scheduleWe are listing the following pairs.*GYEN/USDZUSD/USDQuick intro into stablecoinsBefore diving into our new listings, let's understand what stablecoins are. Stablecoins are cryptocurrencies designed to minimize the volatility typically associated with digital currencies like Bitcoin or Ethereum. They achieve this stability by being pegged to a stable asset, such as fiat currencies like the USD, JPY, or EUR.They aim to reduce risk in your crypto portfolio, as well as simplify global money transfers, and bypass traditional banking hurdles.More about GYENGYEN is the world’s first regulated Japanese Yen stablecoin and is issued by the reputable Trust Company. Every GYEN issued has a 1:1 reserve balance and combined with its regulation by the New York Department of Financial Services (NYDFS), makes it an appealing choice for those looking to diversify their portfolio. Learn more about GYEN.Get to know ZUSD Also issued by Trust Company, ZUSD is pegged to the US Dollar, providing a trusted digital equivalent that combines the familiarity and reliability of the USD with the flexibility of a cryptocurrency. This makes ZUSD a cornerstone asset for both traders and businesses looking for a stablecoin with a strong regulatory profile. Read our article on ZUSD.Remember, at Bitstamp, your security and satisfaction are our top priorities. Rest assured that these new assets meet our high security and reliability standards.At Bitstamp, we understand the importance of providing a diverse range of stable, reliable assets. By adding new stablecoins to our portfolio, we're offering our customers a broader spectrum of opportunities for global transactions and risk management in the cryptocurrency market.Start exploring these new stablecoins and enhance your financial strategy today.Log in to your Bitstamp account to start trading and get the Bitstamp mobile app (available on the App Store or Google Play) to trade all our cryptocurrencies on the go!*The listing schedule times might be subject to change. The pairs are listed globally, except in the EU, EEA, Switzerland, Singapore, and the US.