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Wyoming Taps Inca Digital to Secure First State-Issued Stablecoin Ahead of July Launch

CoinDesk LogoCoinDesk16h ago

Wyoming Taps Inca Digital to Secure First State-Issued Stablecoin Ahead of July Launch - CoinDesk

Quick Summary:

The stable token is expected to fully launch by July.

Like other stablecoins, the WYST is pegged to assets.

Once launched, it will be a digital asset representative, redeemable for one U.S.dollar and fully backed by U.S.treasuries, cash and repurchase agreements.

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Wyoming Taps Inca Digital to Secure First State-Issued Stablecoin Ahead of July Launch - CoinDesk (Picture 1)

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Article Details

Author / Journalist: Camomile Shumba

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-13 @ 14:02:19 (16 hours ago)

News Timezone: GMT -5:00

News Source URL: coindesk.com

Language: English

Article Length: 283 words

Reading Time: 2 minutes read

Sentences: 29 lines

Sentence Length: 10 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinDesk

News ID: 28680120

View Article Analysis

About CoinDesk

CoinDesk Logo

Main Topics: Crypto

Official Website: coindesk.com

Update Frequency: 24 posts per day

Year Established: 2013

Headquarters: United States

News Last Updated: 9 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #8

Publisher Details

Frequently Asked Questions

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The story "Wyoming Taps Inca Digital to Secure First State-Issued Stablecoin Ahead of July Launch" has 283 words across 29 sentences, which will take approximately 2 - 3 minutes for the average person to read.

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The story "Wyoming Taps Inca Digital to Secure First State-Issued Stablecoin Ahead of July Launch" was covered 16 hours ago by CoinDesk, a news publisher based in United States.

How trustworthy is 'CoinDesk' news outlet?

CoinDesk is a fully independent (privately-owned) news outlet established in 2013 that covers mostly crypto news.

The outlet is headquartered in United States and publishes an average of 24 news stories per day.

It's most recent story was published 9 hours ago.

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  • News ID: #28680120
  • URL: https://warm.beamstart.com/news/wyoming-taps-inca-digital-to-17471468312970

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