#WYSTStablecoin
#WYSTStablecoin After the recent leveraged trading incident worth 6 million US dollars, which led to the delisting of the JELLYJELLY token from the Hyperliquid platform, Binance Futures has now listed the perpetual contract number JELLYJELLYUSDT, offering leverage of up to 50x.
💬 What is your strategy for trading JELLY JELLY?
Wyoming is set to become the first U.S. state to launch its stablecoin backed by traditional currencies, announcing plans to issue the $WYST token by July 2025. The $WYST token, fully backed by the US dollar and short-term treasury bonds, aims to provide a payment option based on blockchain technology, issued by the state, while maintaining price stability and regulatory clarity. This move represents a bold step in the adoption and innovation of cryptocurrencies at the state level and may set a precedent for other states to follow. 💬 What do you think about states issuing their own stablecoins?
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