#WYSTStablecoin hii

#WYSTStablecoin **#WYSTStablecoin: Wyoming’s Pioneering State-Backed Digital Dollar**

Wyoming is set to launch the **Wyoming Stable Token (WYST)** by **July 2025**, marking the first U.S. state-issued, fiat-backed stablecoin. Pegged 1:1 to the U.S. dollar and **overcollateralized** (102%+ reserves in cash and Treasuries), WYST prioritizes stability and transparency . Developed with **LayerZero**, it will enable **cross-chain interoperability** across Ethereum, Solana, Avalanche, and other major blockchains, facilitating near-instant, low-cost global transactions .

Proceeds from reserve interest will fund Wyoming’s **school foundation**, linking crypto innovation to public benefit . Governor Mark Gordon touts WYST as a model for blockchain-powered governance, potentially inspiring other states . With testing underway, this **regulated, multi-chain stablecoin** could redefine public-sector crypto adoption. **#DYOR** .