Wyoming has officially launched America’s first state-issued stablecoin, marking a significant milestone in the evolving landscape of digital currencies. This groundbreaking initiative is aimed at providing a more stable form of currency supported by state backing. Here is what we know about this innovative development, including its purpose, regulatory framework, implications for users, and how it may influence the broader financial ecosystem in the United States.
source: https://blocknews.com/wyoming-launches-americas-first-state-issued-stablecoin/