According to BlockBeats, Wyoming Governor Mark Gordon recently attended the Wyoming Blockchain Seminar to discuss the state's approach to embracing blockchain innovation. During the seminar, Gordon highlighted Wyoming's plan to issue a dollar-pegged stablecoin by 2025.

Gordon stated that the state is currently working on supporting the stablecoin through U.S. Treasury bills and repurchase agreements. The plan includes collaborating with trading platform partners for listing the stablecoin sometime in the first quarter of 2025.