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🇺🇸 US State Wyoming is Launching its Own Stablecoin Called WYST Wyoming plans to launch WYST stablecoin in July with LayerZero as issuance partner. The state is considering nine potential blockchains including Solana, Ethereum, and Polygon. 💡 Quick Take: Wyoming is creating the first government-issued stablecoin in the US. WYST will maintain 102% capitalization through cash, Treasury bonds, and repurchase agreements, with interest funding education and infrastructure. Governor Gordon announced this at the DC Blockchain Summit as a separate initiative from the state's rejected Bitcoin reserve bill. Wyoming has $31 billion in existing investments that could potentially back this project. This aligns with Trump's recent statements about stablecoins supporting global dollar dominance. All details here 👈 @beincryptocommunity