#CryptoRegulation

🇺🇸 Wyoming launches its own stablecoin WYST — the first in the USA from a public structure

The state of Wyoming has announced preparations for the release of the state stablecoin WYST, with a launch expected in July 2025.

📌 Key facts:

🔹 Project partner — Inca Digital, the company will ensure transparency, risk monitoring, and compliance

🔹 WYST will be the first stablecoin issued by a public organization in the USA

🔹 The asset will be backed by fiat and used for payments, experiments with digital money, and DeFi infrastructure

🔍 Context:

🔹 Wyoming is one of the most crypto-friendly states in the USA

🔹 The state already has a legal framework for DAOs, tokenized assets, and digital banks

The launch of WYST could set a precedent for other states in the USA, with Wyoming being the first region to have a state-backed stablecoin integrated into the Web3 ecosystem.