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max_maserati base.eth pfp
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@maxmaserati
Wyoming plans (https://www.bloomberg.com/news/articles/2025-03-26/wyoming-governor-expects-state-to-issue-own-stablecoin-by-july?utm_medium=social&utm_source=twitter&cmpid=socialflow-twitter-business&utm_campaign=socialflow-organic&utm_content=business) to launch its own cryptocurrency, the WYST token, by July 2025. It will be the first U.S. entity-issued, fiat-backed stablecoin, fully backed by U.S. Treasuries, cash, and repurchase agreements, with a minimum capitalization requirement of 102%. The state is evaluating blockchains such as Solana, Ethereum, and Polygon for hosting the token.
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