#WYSTStablecoin
The Wyoming Stable Token (WYST) is a state-issued stablecoin pegged 1:1 to the U.S. dollar, authorized by the Wyoming Stable Token Act in March 2023. Scheduled for launch in July 2025, WYST aims to facilitate instant, low-cost, dollar-denominated transactions globally. The Wyoming Stable Token Commission oversees its development, with plans to deploy WYST on multiple blockchains, including Solana and Ethereum. The initiative seeks to generate new revenue streams for the state through interest income from reserve assets.
