State of Wyoming Pushing for Adoption of Its Own Dollar-Backed Stablecoin: Report

Wyoming is reportedly planning to soon launch its own stablecoin pegged to the US dollar in an effort to generate additional revenue. CNBC reports that the state is hoping to roll out the so-called Wyoming stable token by the first quarter of 2025. The token project aims to allow businesses and individuals to transact in […] source: https://dailyhodl.com/2024/08/27/state-of-wyoming-pushing-for-adoption-of-its-own-dollar-backed-stablecoin-report/