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Wyoming Moves Closer to Debuting Its State-Backed Digital Asset on LayerZero by July

  • Wyoming is set to launch a stablecoin, the first fiat-backed token issued by a public entity in the U.S.
  • The Wyoming Stable Token (WYST) is undergoing testing on various platforms, including Avalanche, Solana, and Ethereum.
  • The Wyoming Governor, Mark Gordon, sees this initiative as positioning the state at the forefront of digital asset innovation.
  • The formal launch of the Wyoming Stable Token is targeted for July 2025, pending ongoing trials and discussions with vendors.

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