#WYSTStablecoin

Wyoming is set to become the first U.S. state to launch its stablecoin backed by traditional currencies, announcing plans to release the $WYST token by July 2025. $WYST, fully backed by the U.S. dollar and short-term treasury bonds, aims to provide a state-issued payment option based on blockchain technology, while maintaining price stability and regulatory clarity. This move represents a bold step in the adoption and innovation of cryptocurrencies at the state level, and could set a precedent for others to follow.

💬 What do you think about states issuing their own stablecoins?

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Activity period: 2025-03-27 06:00 (UTC) to 2025-03-28 06:00 (UTC)

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