The stable Wyoming Token commission has been prescribed to Aptos and SEI for its Stablecoin pilot program, giving suitcases the highest score among the more than 10 blockchains considered for its next WyST project.
Aptos revealed on Friday that he received the highest ratings based on the network tests, obtaining 32 points. Solana received an identical score of 32 points, although it was not selected for the pilot phase.
Sei, meanwhile, scored 30 points, ahead of Avalanche (27), Ethereum (26), Base (25) and Algorand (21), among others.
Red tests evaluated metrics such as transactions per second, rates and the purpose of transactions, as reported by the user X Phillip, who is associated with the SEI project.
Wyst is the Stablcoin backed by the Wyoming state, linked to the US dollar and developed in collaboration with Layerzero. The news of its development arose in 2023, several months after the stable token law Wyoming was approved.
Wyoming is launching a stablecoin to generate state income by obtaining interest on the reserves held in the United States Treasury Bonds. The initiative also aims to promote financial innovation and improve transparency.
In March, the governor of Wyoming, Mark Gordon, mocked that the new Stablecoin could launch in July.
Related: The Wyoming Flota Commission if Stablecoin is ‘covered’ by the SEC rules
The United States Senate passes the Stablecoin bill
Wyoming embraced digital and stable assets, specifically, long before it became fashionable. After the election of the president of the United States, Donald Trump, the United States government has forged a Pro-Crypto strategy, trying to promulgate the market structure and stabilization legislation.
The Stablecoin legislation took a great step forward when the Senate approved the genius law in a 68-30 vote on Tuesday, eliminating another obstacle on its way to become law.
“Once the Genius law is law, companies of all sizes and Americans throughout the country can resolve payments almost instantaneously instead of waiting for days or, sometimes, even weeks,” said Senator of Tennessee, Bill Hagerty, who sponsored the legislation.
The impulse of the United States Stablecoin has caught the attention of Fortune 500 companies, whose leaders are seeing more and more dollar assets as a viable business opportunity.
A recent Coinbase survey, which surveyed 100 executives from the Fortune 500, found that approximately 29% use or explore the usefulness of Stablecoins, compared to only 8% in 2024.
Related: Genius law can make Stablecoins part of the US financial infrastructure “
