Wyoming stablecoin enters a critical testing phase.

robot
Abstract generation in progress

According to Deep Tide TechFlow news, on March 27, Anthony Apollo, Executive Director of the Wyoming Stablecoin Committee, had a fireside chat with Governor and Committee Chair Mark Gordon at the DC Blockchain Summit hosted by the Digital Chamber on March 26. Apollo announced that the Wyoming Stablecoin (WYST) has entered the testing phase across multiple Blockchain networks, marking a key step towards the issuance of the first fiat-backed, fully reserved stablecoin issued by a public entity in the United States.

Currently, the committee has deployed smart contracts on the Avalanche, Solana, Ethereum, Arbitrum, Optimism, Polygon, and Base testnets, which are being developed with token issuance partner LayerZero.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)