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Cardano’s Charles Hoskinson vows legal action over Wyoming stablecoin snub

  • Cardano founder Charles Hoskinson has threatened legal actions over the blockchain network’s omission from the Wyoming Stablecoin project.
  • Wyoming is set to debut the U.S. dollar-backed stablecoin Wyoming Stable Token (WST) in the first quarter of 2025, but Cardano was excluded from the selected blockchains.
  • Hoskinson argues that Cardano’s exclusion violated Wyoming’s good-faith procurement laws and is considering potential litigation and other strategies to challenge the decision.
  • He expressed concerns that the selected blockchains might divert economic benefits away from Wyoming and harm the state's blockchain ecosystem.

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