Wyoming Pioneers State-Issued Stablecoin WYST with LayerZero!
Wyoming is breaking ground with WYST, the first U.S. state-backed stablecoin, launching July 2025! 🇺🇸💵
✅ Key Details:
🔹 Backed by USD: Pegged 1:1 to the dollar, with 102% reserves (cash, Treasuries, repos).
🔹 Cross-Chain Ready:
Testing on 7 blockchains Ethereum , Solana , Avalanche , Base , Polygon , Arbitrum , Optimism.
🔹 LayerZero Tech: Built on Omnichain Fungible Tokens (OFT) for seamless interoperability.
🔹 Public Impact: Interest funds Wyoming’s School Foundation .
🌟 Why It Matters:
Wyoming’s regulatory clarity + blockchain innovation could set a new standard for stablecoins. Watch this space!
Stay tuned for updates – WYST’s launch is just months away! ⏳