📢 WYST: A Stablecoin “Made in Wyoming” — Is It Happening? Or Just Another State Token with Delays? 🐎💸
Yes, you read that right: Wyoming, the state famous for cowboys, rodeos, and... now, issuing a public stablecoin.
🧾 Fancy name? WYST.
Backing? Dollar.
Network? Multichain level Avengers: Solana, Ethereum, Arbitrum, Avalanche, Polygon, Optimism, Base... just missing running in your microwave.
🌉 LayerZero in charge
To ensure that this digital dollar from Wyoming works even on the fridge's blockchain, they called LayerZero, which has now become the official bridge between Web3 and the city hall.
📊 The government’s talk:
“We have over-collateralization, compliance, funding for education, and reduced fees.”
💭 Crypto-satirical translation:
“It’s like USDC in a suit with an invoice. And if it fails, it’s the legislation's fault.”
⚠️ But hold on, degen:
– The WYST is still in testnet.
– The promise is to launch in July.
– Until then, you can imagine the digital cowboy paying for coffee on Solana with WYST… if the bridge doesn’t freeze.
🎯 Realistic outlook with a hint of meme:
– Is it a step for state adoption? Yes.
– Will it beat Tether? Only if miners become teachers in Wyoming.
– Is it revolutionary? It could be. But until then, better to keep an eye on gas fees and rug pulls, not the American Treasury. 😂
🧐 So, are you going to use WYST or keep paying with nostalgic BUSD and faith? Comment below, Web3 cowboy! 🐂👇
