#WYSTStablecoin It seems like you’re asking about the WYST Stablecoin. Based on current developments, Wyoming is pioneering the first state-issued stablecoin in the U.S., called the Wyoming Stable Token (WYST). Pegged 1:1 to the U.S. dollar, it’s backed by cash, U.S. Treasuries, and repurchase agreements, with a statutory requirement of at least 102% over-collateralization for stability. Launched under the Wyoming Stable Token Commission, WYST is being tested on multiple blockchains—Ethereum, Solana, Avalanche, and others—using LayerZero’s tech for cross-chain interoperability. The goal? A public rollout by July 2025, with interest from reserves funding state projects like education. A bold move blending blockchain with government finance! What’s your take on it?
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