State of Wyoming to Launch USD-Backed Stablecoin in 2025 for Faster and Cheaper Consumer Payments

Wyoming is already positioning itself for the next significant evolution in the crypto space: consumer payments, according to a report by Tanaya Macheel for CNBC. The state is planning to launch its own U.S. dollar-backed stablecoin, named the Wyoming Stable Token, by the first quarter of 2025. This initiative aims to provide a faster and […] source: https://www.cryptoglobe.com/latest/2024/08/state-of-wyoming-to-launch-usd-backed-stablecoin-in-2025-for-faster-and-cheaper-consumer-payments/