Wyoming will issue the first state-level stablecoin in the United States in July.

2025-05-13 14:32:08

[Wyoming will issue the first state-level stablecoin in the US in July] The Wyoming Stable Token Committee announced a collaboration with data analytics company Inca Digital to advance the issuance of the Wyoming Stable Token (WYST). This stablecoin is scheduled to be officially launched in July 2025 and will become the first fiat-backed stablecoin issued by a state government in the US, pegged 1:1 to the US dollar, with collateral assets including US Treasury bonds, cash, and repurchase agreements.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.