The Wyoming Stablecoin Committee announced in its latest monthly meeting that the state-backed WYST stablecoin plan will officially launch on the mainnet on August 20. The committee has not yet determined on which blockchains WYST will be released, but has listed 11 candidate chains: Aptos, Arbitrum, Avalanche, Base, ETH, Optimism, Polygon, Sei, Solana, Stellar, and Sui. WYST is a stablecoin pegged to the US dollar, authorized for issuance by the Wyoming Stablecoin Act of 2023. (TheBlock)
Wyoming’s stablecoin WYST is scheduled to launch on August 20
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