Between Wyoming’s stable token and action in Washington, the next era of digital assets is here,shaped not just by startups, but by institutions. Anthony Apollo made that case at Avalanche Summit London.
As Congress pushes crypto bills during Crypto Week, Wyoming made its stance clear at Avalanche Summit London: it’s not just about writing laws, it’s about putting them into action. “This is the long-term intent of an entire state to get into this industry.”
Anthony Apollo, Executive Director of the Wyoming Stable Token Commission, explained how WYST is public infrastructure not a private product. “The income... gets swept into the State’s School Foundation Fund. Long story short, it’s for the kids.”
Backed by cash and treasuries, overcollateralized by law, and transparent by design,WYST is a new kind of stablecoin: state-issued, publicly governed, and built to serve.
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