Wyoming will issue the first state-level stablecoin in the United States in July
2025-05-13 14:29:50
The Wyoming Stable Token Council has announced a partnership with data analytics company Inca Digital to advance the launch of the Wyoming Stable Token (WYST). Scheduled to be officially launched in July 2025, the stablecoin will be the first state-issued stablecoin backed by fiat currency, pegged 1:1 to the U.S. dollar, with collateral assets including U.S. Treasury bonds, cash, and repurchase agreements.
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