#Cardano founder Charles Hoskinson has cited bias in the Wyoming stablecoin’s network selection after the project snubbed notable chains like Cardano, Bitcoin, and Ripple.
The US blockchain adoption reached a new milestone as Wyoming announced it was launching the first fiat-backed, state-issued, fully reserved stablecoin. Wyoming’s stablecoin commission disclosed that the stablecoin—the Wyoming Stable Token (WST)—will debut on selected third-party vendors in 2025.
However, contentions emerged following the third-party vendors’ selection process after the commission overlooked notable networks. In a Monday podcast, Cardano founder Charles Hoskinson frowned at the disdain towards the Cardano and Ripple ecosystem, evident in the selection process.