Wyoming Moves to Ensure State Stablecoin Follows GENIUS Act

Wyoming is furthering its collaboration with the Chainlink network to strengthen the states stablecoin efforts.

The Wyoming Stable Token Commission, issuer of the first U.S.-state-issued stable token, announced Wednesday (Sept. 2) that it has “deepened its adoption of Chainlink to bring a new standard for reserve transparency by adopting Chainlink’ Proof of Reserve.”

This builds on the commission’s recent […] The post Wyoming Moves to Ensure State Stablecoin Follows GENIUS Act appeared first on PYMNTS.com.