#WYSTStablecoin

Wyoming Stable Token (WYST), a stablecoin developed by the Wyoming Stablecoin Committee, is expected to launch in July 2025. This is the first stablecoin in the U.S. backed by a state, aimed at maintaining a stable value by pegging to the U.S. dollar, backed by cash, U.S. Treasury bonds, and repurchase agreements.

Wyoming Stable Token (WYST) marks a groundbreaking step as the first stablecoin issued by a U.S. state, expected to be deployed on blockchains such as Solana, Ethereum, and Avalanche. Supported by transparent reserve assets, WYST promises fast transactions, low costs, serves daily payments, and generates revenue for the state. With government oversight, WYST not only reinforces Wyoming's pioneering position in the cryptocurrency space but also lays the foundation for state-level digital finance initiatives in the U.S.