GMO Internet Inc., a Tokyo based internet group, has obtained approval from the New York Financial Services Department to establish a limited purpose trust company, GMO-Z.com Trust Company, Inc. (GMO Trust). GYEN and ZUSD are ERC20 stable coins supported by 100% fiat currency issued by GMO Trust. GYEN is pegged to the Japanese yen in a 1:1 ratio, while ZUSD is pegged to the US dollar in a 1:1 ratio. Each token will have a one-to-one reserve, and all circulating support and Japanese yen and US dollars will be securely stored in the FDIC insurance trustee bank account....