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The real cowboys of crypto: Wyoming ropes a $1 stablecoin
Not far from the Cheyenne Frontier Days Arena, home of the world’s largest outdoor rodeo — “The Daddy of ‘Em All,” locals boast — the spirit of the Old West has run headlong into dreams of a crypto future. Here in the windswept capital of Wyoming, about 430 miles southeast of the billionaire playground of Jackson, a grand experiment in 21st-century finance is underway. It doesn’t look like much yet. But these days, you can pick up, say, a box of 100 salted cinnamon roll caramels from Fallon’s Baked Goods — price: 76 old-fashioned dollars — and pay for it with 76 brand-new Frontier Stable Tokens, ... (full story)
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