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Wyoming Stable Token Commission targets Aug. 20 for WYST stablecoin mainnet launch https://www.theblock.co/post/359048/wyoming-stable-token-commission-targets-aug-20-for-wyst-stablecoin-mainnet-launch?utm_source=twitter&utm_medium=social
On the @consensus2025 Summit stage, Joseph Saldana, CFO @wyostable, confirmed the launch of their stable token: "We're looking to launch $WYST around the July 4 timeframe." 🇺🇸
On the @consensus2025 Summit stage, Joseph Saldana, CFO @wyostable, confirmed: "We're looking to launch $WYST around the July 4 timeframe." 🇺🇸
At the @DigitalChamber DC Blockchain Summit, Wyoming's @GovernorGordon and @wyostable director @wyoapollo announced LayerZero as the token issuance partner for Wyoming's stablecoin WYST.
See the first demo transaction conducted by @wyostable to show WYST moving across chains between Avalanche and Ethereum. https://x.com/wyostable/status/1904976911547199760 Quote [@wyostable](https://www.twitter.com/wyostable/status/1904976911547199760) > A quick demo of how WYST may be moved across chains is presented below. > > The Commission looks forward to announcing other engagements in the near future as we work towards issuance of a fiat-backed and fully-reserved stable token in the coming months. https://t.co/OwCvM1CkZO Quote [@wyostable](https://www.twitter.com/wyostable/status/1904976911547199760) > A quick demo of how WYST may be moved across chains is presented below. > > The Commission looks forward to announcing other engagements in the near future as we work towards issuance of a fiat-backed and fully-reserved stable token in the coming months. https://t.co/OwCvM1CkZO
“Once launched WYST will grant holders the ability to transmit dollar-denominated transactions of any value, anywhere in the world, nearly instantly, with significantly reduced fees compared to traditional ACH or wires.” — Wyoming Stable Token Commission Director @wyoapollo
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