Wyoming sets August 20 for launch of state-backed WYST stablecoin

The #WyomingStableTokenCommission has scheduled August 20 as the target date for the mainnet launch of #WYST , the state’s U.S. dollar-pegged stablecoin. The decision was shared during the commission’s recent monthly meeting. WYST is being developed under the Wyoming Stable Token Act passed in 2023. The commission has yet to finalize which blockchain's WYST will launch on, with 11 options under consideration, including #Ethereum , #Solana , and #Base .