#WYSTStablecoin Wyoming to Launch WYST Stablecoin – A U.S. Public Sector First

Wyoming is set to introduce WYST, the first fiat-backed stablecoin issued by a U.S. public institution. Scheduled for release in July 2025, this initiative aligns with President Trump’s vision of establishing the U.S. as the global crypto capital.

Key Details:

Blockchain Testing: WYST is currently being tested on Solana, Ethereum, and Avalanche, with LayerZero ensuring cross-chain interoperability.

Stablecoin Market: With a total market cap of $230 billion, stablecoins are increasingly used for payments and remittances due to their dollar-pegged stability.

Wyoming’s move marks a significant milestone in U.S. crypto adoption, potentially reshaping the regulated stablecoin landscape.

#WYSTStablecoin #CryptoInnovation #Blockchain