Wyoming Eyes Sei Network for WYST Stablecoin, Boosting SEI Price

Sei Network is making headlines as the State of Wyoming considers it for the launch of WYST — the first U.S. state-sponsored stablecoin, set to debut in July 2025. Following the announcement, SEI, the network’s native token, surged over 10% with trading volume spiking more than 56%.

Wyoming’s Stable Token Commission named Sei among a shortlist of high-performance blockchains, alongside Aptos, Ethereum, and Solana. Sources suggest Sei outperformed several contenders in speed and finality tests. With support from major backers like Circle and Multicoin Capital, Sei Network is now solidifying its position as a serious infrastructure contender for institutional blockchain adoption in the U.S.

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Read the full story: www.ecoinimist.com/2025/06/20/sei-token-surges-10-wyoming-wyst-pilot