Source: Cointelegraph Original: "{title}"

Wyoming Governor Mark Gordon stated that the proposed stablecoin for the state may be ready for issuance before July, with the Wyoming Stablecoin Committee announcing the selection of the interoperability protocol LayerZero as the partner for token issuance.

At the Washington Blockchain Summit on March 26, Gordon praised the speed and efficiency of the Wyoming state government in embracing blockchain technology. Wyoming Stablecoin Committee Executive Director Anthony Apollo also confirmed:

"The Stablecoin Committee has officially partnered with LayerZero as our token development and distribution partner, and we have deployed the stablecoin—Wyoming Stablecoin—on multiple test networks."

Represented by pro-cryptocurrency Senator Cynthia Lummis, Wyoming has been planning to issue a state government stablecoin for years and has a long history of innovation in digital assets.

Wyoming Governor Mark Gordon speaking at the 2025 DC Blockchain Summit. Source: Sei

Wyoming legislators introduced the "Wyoming Stablecoin Act" in February 2022 to establish a stablecoin issued by the state government, which would be pegged to the value of the US dollar and redeemable for fiat currency.

The bill was signed into law in March 2023, allowing the state treasury to assemble a team of professional accountants, auditors, and technical experts to issue and manage the state stablecoin supply.

After the stablecoin bill was passed, the state began equipping its stablecoin committee with officials and executives to research and develop the state stablecoin.

Wyoming Stablecoin Act. Source: Wyoming Legislative Body

In August 2024, Governor Mark Gordon told the audience at the Wyoming Blockchain Seminar that the state is considering launching the stablecoin in the first quarter of 2025, which will be backed by short-term US Treasury bonds and repurchase agreements.

At that time, Gordon criticized the "too big to fail" concept of the US economy after the 2008 financial crisis, calling the Federal Reserve a "barrier to innovation."

Recently, Wyoming Stablecoin Committee Executive Director Anthony Apollo told Cointelegraph that the state's public budget should be on-chain to ensure transparency, accountability, and efficiency in government spending.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。