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Wyoming picks Aptos and Solana for state-backed WYST stablecoin
The US state of Wyoming has made a bold move that reflects the increasing blockchain adoption by governments. It has officially selected Aptos and Solana as the main platforms for its Wyoming Stable Token (WYST). The news comes as the stablecoin industry sees massive growth, topping $250 billion in market cap. Meanwhile, Wyoming has established itself as a pro-crypto jurisdiction. Its move to launch a US dollar-backed stablecoin underscores its commitment to spearheading the blockchain revolution. Wyoming started testing its WYST stablecoin in March and collaborated with the cross-chain network LayerZero to expand ... (full story)
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