Wyoming is gearing up to launch its first-ever state stablecoin, WYST, with nine candidate blockchains being tested for deployment! Layerzero, an omnichain interoperability protocol, leads the pack, enabling WYST’s launch across multiple chains. WYST will be fully backed by U.S. dollars and Treasury securities with 102% reserves to ensure stability. Compliance frameworks like Chainalysis will monitor usage to address concerns about illicit activities. Set to launch in July 2025, this stablecoin could solidify Wyoming's position as a digital asset leader. But critics warn of risks if safeguards fail. 🌐💡 What do you think of Wyoming's bold move into blockchain and stablecoins? Share your thoughts!