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Wyoming Stablecoin Project Chooses Aptos & Solana 🚀

The Wyoming Stablecoin Committee has selected Aptos and Solana as the preferred blockchain platforms for their government-backed stablecoin project (WYST). This significant development has positively impacted APT’s price, which has risen from $4.27 to $4.54 in the past 24 hours, while SOL remains steady around $140.

Key points:

WYST will be a fiat-backed stablecoin issued by a U.S. state government

A multi-chain deployment is planned via LayerZero

The Aptos ecosystem already supports three USD stablecoins with over $30 billion in monthly transaction volume

Aptos offers sub-second finality with near-zero transaction fees

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