Wyoming Stable Token Commission taps Inca Digital for state-backed WYST stablecoin money-laundering surveillance

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The asset will be fully backed by U.S. Treasurys, cash, and repurchase agreements.

The WYST stablecoin is currently being piloted across multiple blockchain testnets, with a full public launch targeted for this summer.

The Commission’s goal is to enhance financial transparency and drive economic growth for the state, fortifying Wyoming’s position as a national leader in digital assets," it wrote.