After the recent leveraged trading incident worth $6 million, which prompted Hyperliquid to delist JELLYJELLY tokens from its list, Binance Futures has now listed the perpetual contract JELLYJELLYUSDT, offering leverage of up to 50 times.
💬 What is your strategy for trading JELLY JELLY?
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Wyoming is set to become the first U.S. state to launch its fiat-backed stablecoin, announcing plans to launch the $WYST token by July 2025. The $WYST, fully backed by the U.S. dollar and short-term treasury bonds, aims to provide a blockchain-based payment option, 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?