#WYSTStablecoin

Wyoming plans to launch its own fiat-backed stablecoin, the $WYST token, by July 2025, making it the first U.S. state to issue a government-backed crypto.

What’s the purpose of this coin? Not sure.

Do we need another stable coin? Not sure.

Will I buy that coin? Naah!

What do you think about states issuing their own stablecoins?