Wyoming unveils first state-issued stablecoin called WYST, set to launch in July
The stablecoin is available on seven testnets in its testing phase, powered by LayerZero's interoperability infrastructure.
Happy Thursday!
Wyoming makes history with the unveiling of WYST, the first state-issued stablecoin in the U.S., set to launch this July. Meanwhile, Ripple's SEC settlement sparks optimism for a potential BlackRock XRP ETF, and Binance faces scrutiny over its Jelly token listing amid rumors of market manipulation. Dive into today's top crypto stories!
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📰 Top News
Wyoming unveils first state-issued stablecoin called WYST, set to launch in July
The stablecoin is available on seven testnets in its testing phase, powered by LayerZero's interoperability infrastructure.
Ripple-SEC dispute resolution sparks hope for a BlackRock XRP ETF application
Polymarket predicts high chances of XRP ETF approval amid Ripple's SEC settlement.
Short liquidations contradict negative funding rates in perpetual futures
Bitcoin's price rises catch short sellers off guard despite a bearish funding rate outlook.
📈 Latest Insights
CME’s Solana futures ETF struggles with low interest and declining volume
BlackRock’s IBIT dominates Bitcoin ETFs with $107.9 million in inflows
Blockchain applications hit $2.6 billion revenue amid volatile market conditions
🗞️ More News
Congressman Emmer reintroduces Securities Clarity Act to define digital asset regulation
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Crypto firms urge Congress to rein in DOJ’s interpretation of money transmission laws
House introduces revised stablecoin legislation with compliance measures and developer protection
Fidelity confirms stablecoin testing but no plans to launch yet