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Wyoming Makes History: State-Backed Stablecoin WYST Launches August 20
Wyoming Makes History: State-Backed Stablecoin WYST Launches August 20
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Move over, Wall Street—Wyoming's cutting the line with its own dollar-pegged crypto.
The Cowboy State drops WYST on August 20, becoming the first US government to issue a stablecoin. No banks? No problem. Cheyenne's bypassing traditional finance entirely.
Regulators are watching closely as this red-state experiment could rewrite the rules. 'Innovation-friendly' just got a whole new meaning.
Meanwhile in New York: hedge funds still can't agree on whether Bitcoin's a currency or a commodity.
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