#WYSTStablecoin WYST, backed by fiat currency and with total reserves, has entered the multi-chain testing phase. The stablecoin is being implemented on test networks such as Avalanche, Solana, and Ethereum. Issued by a public entity, WYST is the first project of its kind in the United States. The testing phase is expected to continue until the second quarter of 2025, with an official launch anticipated for July. Among the project's collaborators are LayerZero and Stargate. WYST will be over-collateralized with cash and U.S. Treasury bonds, and the interest will be allocated to the state education fund.