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YEM, an acronym for "Your Everyday Money," is a digital fiat currency created by 3,725 internet users around the world. YEM was developed in 2017 with the goal of enabling safe and secure financial transactions in both online and local offline commerce. YEM can be accessed online using a smartphone, tablet, laptop or other suitable electronic devices. As of May 19, 2020, more than 1 million wallets were active by individuals and businesses, processing transactions ranging from small purchases to multi-million dollar investments on a daily basis.
YEM is also used as a value for liable capital and as an asset in many businesses. Since August 2018, more than $51 billion worth of YEM transactions have been made, with a current average daily volume of more than $100 million.