Two Blokes

SEI Named Finalist for State-Backed Stablecoin: Crypto Jumps 15%

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    Posted by Two Blokes Jun 20 - Filed in Crypto - 10 views
    TL;DR Sei surged 15% after Wyoming's Stable Token Commission shortlisted it (alongside Aptos) to host WYST, the state's first fiat-backed stablecoin. Leveraging LayerZero's Omnichain Fungible Token standard, the network's high throughput and compliance-ready design clinched Wyoming's endorsement. Riding 600k+ daily active addresses and 1.