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Wyoming’s Stablecoin Promoted as Yield-Generating Option to CBDC Regulation

Wyoming's Stablecoin Promoted as Yield-Generating Option to CBDC Regulation

Simply put Wyoming’s stable token, WYST, isn’t designed to generate yields immediately, but it has the capacity to allow that functionality in the future, according to Wyoming Senator Chris Rothfuss. The Wyoming Blockchain Selection Committee has pushed for the issuance of WYST to avoid acting as a political or financial gatekeeper. While the Genius Act […]