Aptos leads as a top candidate for WYST, the first stablecoin issued by a U.S. state.
The Aptos-powered wallet at Expo 2025 processed 558,000+ transactions and gained 133,000 new users in one week.
One thing that may not have been widely imagined before: a state in the United States issuing its own stablecoin, and choosing a public blockchain as its backbone. The Wyoming Stable Token Commission (WSTC) has just placed Aptos at the top along with Solana as the main candidate for the WYST stablecoin network.
This is the first stablecoin backed by the US dollar and issued directly by the state government. Its launch is scheduled for August 20, 2025, coinciding with the Wyoming Blockchain Symposium.
ICYMI: Aptos continues to take center stage as the chain for stablecoins.@wyostable (The Wyoming Stable Token Commission) has identified Aptos as a 1st place blockchain candidate for WYST, the first fiat-backed stablecoin issued by a U.S. State.
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