#WYST稳定币 "WYST Stablecoin" refers to the fiat-backed stablecoin planned to be launched in Wyoming, USA. Below are some key information about the WYST stablecoin:
**1. Characteristics of the WYST stablecoin:**
* **Fiat-backed:**
* The WYST stablecoin will be fully backed by fiat currency assets such as U.S. Treasury securities, cash, and repurchase agreements.
* This backing method aims to ensure the value stability of the WYST stablecoin.
* **Capitalization Requirements:**
* The WYST stablecoin will maintain a capitalization requirement of at least 102%, meaning the value of its reserve assets will exceed the value of the issued stablecoins.
* This requirement is intended to provide additional security and reduce the risk of decoupling.
* **Issued in Wyoming:**
* The WYST stablecoin will be issued by the state of Wyoming, making it the first fiat-backed stablecoin issued by a state government entity in the United States.