Wyoming Stablecoin Is Just a State-Issued CBDC by Another Name: Rep. Tom Emmer
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Publish date
Mar 27, 2025 - 12:00am
Publisher
Decrypt
Web URL
https://decrypt.co/311969/wyoming-stablecoin-cbdc-another-name-emmer
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House Majority Whip Tom Emmer strongly opposes the Wyoming Stablecoin initiative
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Just weeks ago, Gordon signed a bill into law prohibiting the development of a CBDC in the state. The bill’s sponsor said a key purpose of the legislation was “to send a clear message to Congress: that Wyoming rejects the idea of essentially controlled digital currency.”
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And yet, on Wednesday, Wyoming’s Republican governor, Mark Gordon, announced that his state is planning to issue a cryptocurrency as soon as July: its long-planned stablecoin, WYST.
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