WYSTStablec

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#WYSTStablec

#WYSTStablecoin Wyoming Stable Token (WYST) is a stablecoin planned by the state of Wyoming, United States, with a value pegged 1:1 to the US dollar. WYST will be fully backed by assets such as cash and US government bonds, with the interest from these assets allocated to the Wyoming School Foundation Fund.
Currently, WYST is being tested on several blockchain networks, including Ethereum, Solana, and Avalanche, with a target launch in July 2025. This initiative makes Wyoming the first public entity in the US to issue a fully-backed fiat stablecoin

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#WYSTStablecoin
Wyoming is set to become the first U.S. state to launch its own fiat-backed stablecoin, announcing plans to roll out the $WYST token by July 2025. Fully backed by U.S. dollars and short-term treasuries, $WYST aims to offer a state-issued, blockchain-native payment option while maintaining price stability and regulatory clarity. This move marks a bold step in state-level crypto adoption and innovation, and could set a precedent for others to follow.
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