Wyoming State to Launch Mainnet for Stablecoin WYST on August 20

JH Kim

Summary

The Wyoming Stablecoin Commission announced its plan to launch the mainnet of the state stablecoin 'WYST' on August 20.
Key platforms such as Ethereum (ETH), Solana (SOL), and Arbitrum (ARB) have been selected as candidate blockchains for WYST issuance.
The commission stated it will redeploy testnet contracts on each candidate chain and evaluate integration architecture with LayerZero and Fireblocks.

According to The Block, a cryptocurrency-focused media outlet, on the 20th (local time), the Wyoming Stablecoin Commission in the United States announced its plan to launch the mainnet for the state stablecoin 'WYST' on August 20.

The current candidates for the blockchain on which WYST will be issued include Aptos (APT), Arbitrum (ARB), Avalanche (AVAX), Base (BASE), Ethereum (ETH), Optimism (OP), Polygon (POL), Sei (SEI), Solana (SOL), Stellar (XLM), and Sui (SUI).

The commission will redeploy WYST testnet contracts on each candidate chain and plans to evaluate integration architecture with LayerZero and Fireblocks.