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Coinbase to Convert GYEN to USDC as Issuer Closes Stablecoin Business

Coinbase has announced that due to the closure of GMO-Z.com, the issuer of GYEN, it will convert all GYEN on its platform to USDC between October 26 and 30 (local time). The conversion will be fee-free. GYEN withdrawal functionality will cease as of October 26.
Korean Source
This article is an English localization of a Korean-language crypto news report. Original headline: 코인베이스, 발행사 사업 종료로 GYEN→USDC 전환