Wyoming has commenced testing its state-backed stablecoin, WYST, on multiple blockchains, including Avalanche, Solana, Ethereum, and Polygon. This initiative positions Wyoming as a pioneer in integrating state-backed digital currencies within the U.S., aiming to enhance financial transactions with overcollateralization and stringent regulatory oversight.
CROFAM SOCIAL NETWORK
Analysts suggest that gold-backed stablecoins may soon surpass USD-pegged counterparts in popularity. This trend reflects growing interest in combining the stability of gold with the flexibility of digital currencies.
