#WYSTStablecoin

The Wyoming Stable Token (WYST) is an upcoming state-issued stablecoin backed by cash and U.S. Treasury securities. It aims to provide a secure and efficient way to conduct dollar-denominated transactions globally, with lower fees compared to traditional methods2.

WYST is currently in its testing phase across multiple blockchain networks, including Ethereum, Solana, and Avalanche4. The token is expected to launch officially in July 2025, with interest from its reserves benefiting Wyoming's school foundation fund.

This initiative highlights Wyoming's leadership in blockchain innovation and its commitment to transparency and financial security