#WYSTStablecoin

Wyoming is ready to become the first US state to launch its own fiat-backed stablecoin, announcing plans to launch the $WYST token in July 2025. Fully backed by US dollars and short-term debt securities, $WYST aims to offer a state-issued payment option, native to blockchain while maintaining price stability and regulatory clarity. This move marks a bold step in the adoption and innovation of crypto at the state level and could set a precedent for others to follow.

💬 What do you think about states issuing their own stablecoins?