#WYSTSstablecoin

Wyoming launches WYST: The state-backed stablecoin that challenges the financial status quo

Wyoming makes history by becoming the first state in the U.S. to issue its own stablecoin: WYST, scheduled for July 2025. Backed 102% by cash, Treasury bonds, and repos, this cryptocurrency aims to combine security and transparency, mitigating volatility risks.

Governor Mark Gordon emphasized that WYST will not only boost the rural economy by facilitating transactions for farmers but will also generate state revenue through interest from reserves, aimed at education and infrastructure. The choice of blockchain (among Solana, Ethereum, and Polygon) adds anticipation: the selected network will gain institutional legitimacy.