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Learning & News => News related to Crypto => Topic started by: newshunter on February 20, 2022, 01:00:25 PM

Title: Wyoming lawmakers introduce legislation for state-issued stablecoin
Post by: newshunter on February 20, 2022, 01:00:25 PM

Wyoming lawmakers introduce legislation for state-issued stablecoin

Avanti Financial CEO Caitlin Long said the bill had its own pros and cons, but it was “definitely a conversation-starter” for lawmakers exploring stablecoins.

Source: Wyoming lawmakers introduce legislation for state-issued stablecoin (https://cointelegraph.com/news/wyoming-lawmakers-introduce-legislation-for-state-issued-stablecoin)

Would appreciate your opinion about this

Title: Re: Wyoming lawmakers introduce legislation for state-issued stablecoin
Post by: Fenix on February 21, 2022, 11:55:40 AM

Well, the US states stablecoin also has the right to circulate, and if you start from the legislative support of this process, then this is the right choice. They even intend to release their stablecoin before the end of this year, which is a very short timeframe considering that the digitized dollar in the US is going to be released by 2025.
Almost all states will soon have their own national stablecoins. For cryptocurrencies, they will have both positive and negative impacts. We need to see how it will be in practice.