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The Wyoming stablecoin committee has partnered with data analytics provider Inca Digital to launch the first fully reserved, fiat-backed stablecoin WYST issued by a public entity in the United States. This stablecoin is planned to be launched in the summer of 2023, aiming to enhance financial transparency and drive economic growth. WYST will be 100% supported by U.S. Treasury bonds, cash, and repurchase agreements.

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