#WYSTStablecoin Wyoming is gearing up to launch its own stablecoin, WYST, in July 2025, marking a significant milestone as the first fiat-backed token issued by a public entity in the United States. The Wyoming Stable Token (WYST) is currently undergoing testing on multiple blockchain networks, including Ethereum, Solana, Avalanche, and others.

Here are some key features and benefits of WYST:

- *Full Reserve Requirement*: WYST will be fully backed by cash and U.S. Treasury instruments, ensuring stability and credibility.

- *Cross-Chain Interoperability*: WYST will be deployable on multiple blockchains, allowing for seamless transactions across different networks.

- *Interest for Education*: The interest accrued from WYST's reserves will be directed towards Wyoming's school foundation fund, supporting public education.

- *Regulatory Framework*: The Wyoming Stable Token Act of March 2023 provides the legal framework for WYST, ensuring compliance with regulatory requirements.

Wyoming Governor Mark Gordon has expressed his enthusiasm for the project, highlighting its potential to position Wyoming as a leader in digital asset innovation.#WYSTStablecoin