Wyoming, USA plans to launch the WYST stablecoin Mainnet on August 20.

GateUser-6433627c · 2025-06-20T20:00:06+00:00

The state of Wyoming, USA plans to launch the WYST stablecoin Mainnet on August 20th. This coin is pegged to the US dollar and aims to enhance the state's advantages in the Blockchain field. It has not yet been decided on which Blockchain it will be released, but it may be launched simultaneously on multiple platforms.

GateUser-6433627c

2025-06-20 20:00:06

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[Wyoming, USA plans to launch WYST stablecoin Mainnet on August 20] The latest monthly meeting minutes of the Wyoming Stable Token Committee (a government-supported organization) indicate that the committee plans to officially launch its WYST stablecoin Mainnet on August 20. WYST is a stablecoin pegged to the US dollar, authorized for issuance by the Wyoming Stable Token Act in 2023, aimed at consolidating the state’s leadership in the blockchain field. Currently, the organization has not yet finalized which of the 11 Blockchains WYST will be deployed on: Aptos, Arbitrum, Avalanche, Base, Ethereum, Optimism, Polygon, Sei, Solana, Stellar, and Sui. However, the first state-backed stablecoin is likely to choose to launch simultaneously on multiple Blockchains.

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