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Wyoming has launched a blockchain-based stablecoin, marking the first such initiative by a US public entity.
Pegged to another asset for stability, the stablecoin aims to facilitate transactions and enhance financial stability.
This pioneering move could influence global discussions on digital currencies, including in the UK, where central bank digital currency (CBDC) explorations are ongoing.
The initiative may inspire similar projects or regulatory frameworks in the UK, supporting the country’s ambitions to lead in fintech innovation while addressing concerns about financial security and regulation.




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