> For the complete documentation index, see [llms.txt](https://docs.dephaser.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.dephaser.com/concept.md).

# CONCEPT

- [What is DePhaser?](https://docs.dephaser.com/concept/what-is-dephaser.md): Lock USDT and USDC for JPYT
- [What is JPYT?](https://docs.dephaser.com/concept/what-is-jpyt.md): Understanding the Yen-Pegged Stablecoin
- [Why JPYT?](https://docs.dephaser.com/concept/why-jpyt.md): The Future of Yen-Backed Digital Currency
- [Audit](https://docs.dephaser.com/concept/audit.md): Reviewed and verified by experts