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

The Daily Hodl
State of Wyoming Pushing for Adoption of Its Own Dollar-Backed Stablecoin: Report
Blockchain
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 […]

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Wyoming Aims to Launch ‘Dollar-Dependent’ Stablecoin in Q1 2025

Bitcoin.com
Wyoming Aims to Launch ‘Dollar-Dependent’ Stablecoin in Q1 2025
bitcoin.com
Wyoming Aims to Launch ‘Dollar-Dependent’ Stablecoin in Q1 2025Wyoming plans to launch a dollar-based stablecoin, the Wyoming Stable Token, in Q1 2025. The digital asset aims to provide faster and cheaper transactions for individuals and businesses in the state. Governor Mark Gordon emphasizes the importance of adopting this “dollar-dependent” stablecoin to stabilize the market and bring debt onshore. A Faster and Cheaper Way […]
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