Wyoming state stablecoin proponents stated public stablecoins could offer lower fees and greater flexibility, even for sensitive purchases, compared to private issuers and interest accrued from the token’s Treasury reserves would fund the state’s school system

Event date

Feb 28, 2025 - 10:00pm

Quotes that support claims

Backstage at the DC Blockchain Summit on Wednesday, Gov. Mark Gordon and Apollo made the case that a public stablecoin could offer key benefits private issuers—such as Circle, the issuer of USDC—would balk at, including lower fees and flexibility on touchier transactions like firearms purchases. Interest accrued from the token’s Treasury reserves would also fund the state’s school system.