#WYSTStablecoin Binance Futures has introduced the JELLYJELLY perpetual contract, providing up to 50x leverage. This follows Hyperliquid's delisting of JELLYJELLY perps after a recent $6 million leveraged trade incident.
In other news, Wyoming plans to launch the $WYST token by July 2025, becoming the first U.S. state to issue its own fiat-backed stablecoin. Fully backed by U.S. dollars and short-term treasuries, $WYST aims to provide a state-issued, blockchain-native payment option with price stability and regulatory clarity. This initiative represents a significant move in state-level cryptocurrency adoption and innovation.
Share your trading strategies for JELLYJELLY or your thoughts on state-issued stablecoins using #JELLYJELLYFuturesAlert, #WYSTStablecoin, or the $BNB cashtag. Participate by posting your insights or trader profiles to earn Binance points and a share of 10,000 USDC in rewards.
To join, tap the “+” on the App homepage and select Task Center. The activity runs from March 27, 2025, 06:00 (UTC) to March 28, 2025, 06:00 (UTC). Points are awarded on a first-come, first-served basis, so be sure to claim yours daily.