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.
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Wyoming stablecoin enters a critical testing phase.
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.