#WYST稳定币 Government-issued Stablecoin

Wyoming plans to launch a fiat-backed stablecoin $WYST by July 2025, becoming the first state in the U.S. to issue a government-supported cryptocurrency. The planned $WYST token is fully backed by U.S. dollars and short-term government bonds, providing native payment options through blockchain technology while maintaining price stability and regulatory transparency. This model not only reduces the intermediary costs of the traditional financial system but also clarifies reserve management rules (such as trust accounts investing in government bonds, with returns used for public expenditure) through state-level legislation, offering a replicable template for other states.