Wyoming Initiates Testing of State-Backed Stablecoin

altcoin chronicle

28 Mar 2025

Wyoming has commenced testing its state-backed stablecoin, WYST, across multiple blockchain platforms, including Avalanche, Solana, Ethereum, Arbitrum, Optimism, Polygon, and Base.

This initiative positions Wyoming as one of the first U.S. states to launch a government-backed stablecoin, aiming to provide a secure and regulated digital asset for its residents. The testing phase is a significant step toward integrating blockchain technology into state financial systems.

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Study Reveals Biases in AI-Driven Medical Care

Google Unveils Ironwood, Its Latest AI Accelerator Chip

Cryptocurrency Executives Lobby Congress to Allow Stablecoins to Pay Interest

U.S. Justice Department Disbands Cryptocurrency Enforcement Unit