Wyoming plans to launch the Stablecoin WYST this summer and has published a list of 11 final candidates. One of these blockchain companies will feed this stage achievement in the acceptance of the cryptography of the State government.
The best candidates are the Aptos, the arbitrum, the avalanche, the base, the etherum, the polygon, the optimism, the SEI, the stellar, the solana and the suis. So far, only Aptos and SEI have recognized their progress.
Blockchains that can potentially accommodate the government’s first stablecoin
Wyoming has long been a national hub for the user -friendly crypto regulations, thanks in part to Senator Lummis, one of the greatest allies in the Congress.
Three months ago, the state announced its intention to launch a Stablecoin, Wyst, in August. Wyoming must make a final decision for a stable partner by July 17 and has prepared a list of 11 final candidates:
The full report was not published to the public, but some sources have described the scores.
Aptos equaled to Solana to earn 32 points on the Wyoming assessment, and Sei arrived in third place upset with 30 points. He surpassed the big contenders like Ethereum et Suis by doing so.
Sei is the only other company to publicly recognize his victory; Solana has shown enthusiasm in the last round, but has not yet commented on today’s update.
Aptos, for his part, had a strange reaction to be one of the finalists of the Stablecoin Wyoming. The price of its Apt token has been eventful recently, but the major decrease today seems inexplicable. Indeed, it could be completely unrelated.
After Wyoming has made its choice, the favorite blockchain company will help feed its stablecoin wyst. Whatever the company, the company becomes a partner, the Wyoming will use Layerzero, an interoperability protocol, to guarantee maximum utility.
Wyst will be supported by the US dollar, and the imminent stable regulations could help make these plans.
However, not everyone is satisfied with the evaluation of the stablecoin of Wyoming. Eminent community analysts have identified inconsistencies in the state methodology, contesting its ultimate conclusions.
Users have allegedly alleged that the scores for the purpose, low transaction costs and intelligent contract support were not coherent from one chain to another.
However, this development is always very exciting. Wyoming could become the first state in the United States to launch a stablecoin.
If Wyst comes into circulation as planned, it could become a major breakthrough for acceptance of the Crypto government.
Non-liability clause
In membership of the Trust project guidelines, Beincrypto has embarked on transparent impartial reports. This press article aims to provide precise and timely information. However, readers are invited to check the facts independently and consult a professional before making decisions according to this content. Please note that our terms and conditions, our privacy policy and our non-responsibility clauses have been updated.
