๐ฐ WYSTStablecoin Currency ๐ฐ
๐น What is WYST?
WYST is a stablecoin ๐ฆ proposed by the state of Wyoming ๐บ๐ธ, aiming to provide a new model in the field of government-backed digital currencies ๐ฒ. It is expected to be launched in July 2025 ๐ , making it the first government-backed stablecoin in the United States! ๐
๐น Key features of WYST:
โ Strong financial guarantees ๐ต: It will be backed by cash and U.S. Treasury bonds ๐บ๐ธ, ensuring its stability at a 1:1 ratio with the dollar.
โ Compatibility with multiple networks ๐: It has been tested on Ethereum, Solana, Avalanche, Arbitrum, Optimism, Polygon, and Base for wide usability.
โ Advanced technical partnerships ๐ค: The Wyoming Stable Token Committee has collaborated with LayerZero to develop and distribute WYST efficiently.
๐น Expected benefits:
โก Fast and low-cost financial transfers ๐ณ, facilitating financial operations globally ๐.
๐ Education support ๐: Profits will be directed to support the Wyoming school foundation, enhancing investment in education.
๐จ Important warning! ๐จ
๐ด Currently, WYST is not available for purchase or trading โ. Any site claiming to sell it now is a scam โ ๏ธ, so do not attempt to buy it from unofficial sources!
๐ก As the launch date approaches, WYST is expected to offer a revolutionary model in government-backed digital currencies, with transparency, security, and support for the local community! ๐