#WYSTStablecoin Wyoming is preparing to launch the stablecoin $WYST, which seems quite interesting. A state in the US jumping into this field suggests that stablecoins are becoming increasingly widely accepted.

They say $WYST will be fully backed by USD and short-term bonds, meaning it will be relatively stable and more transparent compared to many other private stablecoins. But the big question here is: Will it be attractive enough to draw in users? Or is it just a test project that will gradually fade into obscurity?

If successful, many other states or even countries may follow this path. But if it fails, this will also be a significant lesson about the government’s involvement in the crypto market.

Do you think government-issued stablecoins will be the future? Or is it just a stepping stone before CBDCs (central bank digital currencies) take over?