#WYSTStablecoin Wyoming is making headlines with its stablecoin WYST, which is set to launch in July 2025. This will be the first stablecoin issued by an American state, and it is backed by U.S. Treasury bonds, cash, and repo agreements, with a capitalization requirement of at least 102% ¹ ² ³.

The Wyoming Stable Token Commission is collaborating with LayerZero to develop WYST, which will be deployed on multiple blockchain networks, including Ethereum, Solana, Avalanche, Arbitrum, Optimism, Polygon, and Base ¹ ⁴ ³. This will enable seamless transactions across different blockchains.