#WYSTStablecoin

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Wyoming, the tenth largest state in the U.S., is testing its state-issued stablecoin and will likely launch it in July 2025.

The U.S. state of Wyoming is planning to launch its state-issued stable coin in July 2025, Governor Mark Gordon said on March 26.

Called the Wyoming Stable Token (WYST), the stablecoin will be launched on LayerZero. It will be available across several blockchains, such as Ethereum, Solana, Avalanche, Arbitrum, Optimism, Polygon, and Base.

LayerZero is a blockchain interoperability protocol. It means that the protocol allows developers to transfer data across multiple blockchains. A stablecoin is a type of cryptocurrency that attempts to maintain a stable value by being pegged to a relatively stable asset such as a fiat currency or a commodity.