#WYST稳定币
WYST (Wyoming Stable Token) is a state-level stablecoin planned to be issued by the state of Wyoming in July 2025. This stablecoin will be fully backed by cash and U.S. Treasury bonds, making it the first fiat-backed stablecoin issued by a public entity in the United States.
Currently, WYST is being tested on multiple testnets including Ethereum, Solana, Avalanche, Arbitrum, Optimism, Polygon, and Base. Wyoming is collaborating with the blockchain interoperability company LayerZero to assist in deploying the token on these networks.
The issuance of WYST aims to provide a new model for digital asset innovation and blockchain regulation in Wyoming. The interest generated from the reserves of this stablecoin will be deposited into Wyoming's school foundation fund to support funding for education.
In summary, the launch of WYST marks Wyoming's active exploration in the field of blockchain and digital assets, potentially serving as a reference example for other states.