Wyoming's Stablecoin Billed as Yield-Bearing Alternative to CBDC Control

Wyoming’s Stablecoin Billed as Yield-Bearing Alternative to CBDC Control - Invest In Crypto News

In brief The Wyoming Stable Token (WYST) won’t initially offer a yield, but there is support for enabling the feature later, Wyoming State Senator Chris Rothfuss said. Wyoming’s Select Committee on Blockchain urged the Commission issuing WYST to “resist pressure to act as a political or financial gatekeeper.” The GENIUS Act’s passage could increase crypto adoption, but it has raised central bank digital currency concerns among some conservatives…

Wyoming's Stablecoin Billed as Yield-Bearing Alternative to CBDC Control

The Wyoming Stable Token is expected to debut next month, putting a publicly funded twist on the stablecoin sector.