The Wyoming Stablecoin Committee has announced a partnership with data analytics company Inca Digital to develop the WYST stablecoin, which is backed by the U.S. Treasury. Under the Wyoming Stable Token Act, through March 2023, WYST will be fully backed by cash and repurchase agreements.
Inca Digital provides real-time risk management solutions and analysis services to monitor fraud, money laundering, and unusual market risks. Anthony Apollo, the committee's executive director, stated that this collaboration represents a commitment to transparency, security, and innovation.
WYST is currently being tested on multiple blockchain networks and is expected to launch to the public this summer. The content is for market information purposes only, not investment advice.
Source: https://tintucbitcoin.com/wyoming-hop-tac-inca-digital-giam-sat-rui-ro-wyst/
Thank you for reading this article!
Please Like, Comment and Follow TinTucBitcoin to stay updated on the latest news about the cryptocurrency market and not miss any important information!