Wyoming is creating a new, safe cryptocurrency called a stablecoin! It's like a digital dollar, always worth about the same. This could change how the state government works, making everything more open and easy to see.
- The stablecoin will be backed by real money, making it super secure.
- Wyoming wants to use blockchain technology (a super secure digital record-keeping system) to track government spending.
- The stablecoin might run on Avalanche or Sui, two special computer networks.
- It could even give people who own the coin a little extra money!
| Fact | Details |
|---|---|
| Testnet Launch (Trial run) | Next 6 weeks |
| Full Launch | End of Q2 (June/July) |
| Initial Listing | Blockchain.com |
| Backing | 102% backed by US dollars |
