#MastercardStablecoinCards 💵 In July of this year, the state of Wyoming will launch the first state-backed "stablecoin" in the country. The company Inca Digital will verify transactions for transparency. It is known that WYST will be backed by treasury bonds, cash, and REPO agreements.

📃 The GENIUS Act stablecoin bill has received bipartisan support. Senators continue to work on regulating this part of the crypto market and are trying to bring it back to the agenda. The author of the legislation, Bill Hagerty, hopes that the Democrats will agree to pass the act before the Memorial Day break.

🇧🇷 However, in Brazil, things are not so "rosy". The central bank has proposed to tighten the rules for stablecoin circulation as part of new cryptocurrency regulations to strengthen control over cross-border transactions and prevent illegal financial flows.