The Vyering Stable Token Commission has shortlisted APTOS and SEI for its Stabelcoin Pilot Program, which gives APTOS the highest score between more than 10 blocks for its upcoming WYST project.
APTOS revealed on Friday that it scored 32 points and scored the highest marks based on the commission’s network testing. Solana got a similar score of 32 points, although it was selected for the pilot phase.
Meanwhile, SEI scored 30 points, avalanche (27), atherium (26), base (25) and ahead of Algorand (21), beyond others.
Network tests evaluated matrix such as transactions, fees and transactions per second, as reported by X user Philip, which is associated with the SEI project.
Wyst is the state-supported Stabelcoin of Vyoming, which is for the US dollar and has been developed in collaboration with Laizero. News of its development Emerged in 2023, several months after the Vyoming Stable Token Act pass,
Wyoming is launching a stabechoin to generate state revenue by earning interest on reserves organized in short -term American Treasury Bonds. The purpose of the initiative is to promote financial innovation and increase transparency.
in March, Vyoming Governor Mark Gordon It was teased that the new stabechoin could be launched by July.
Connected: Vyoming commission floats whether stablecoin is ‘covered’ by rules
American Senate passes Stabelcoin Bill
Vyoming adopted digital assets and stabelin, especially, long before becoming fashionable to do so. After the election of US President Donald Trump, the US government has A supporter-crypto strategyDemanding market structure and stabechoin law.
Stablecoin a big step forward as law Senate passes the Genius Act In 68-30 votes on Tuesday, cleaning another obstacle on its way to enacting laws.
Tennessy’s Senator Bill Higrant said, “Once the Genius Act is law, the business of all sizes, and will be able to settle the payment almost immediately instead of waiting for American days or sometimes for weeks.”
US Stabecrim Push has attracted the attention of Fortune 500 companies, whose leaders are increasingly looking at these dollars-livelihood assets as a viable trade opportunity.
A Recently Coinbase SurveyThe Fortune voted 500 to 100 officers, found that about 29% are either above 8% in 2024, using or searching the utility of Stabelin.
Connected: Genius Act can make Stabcoins a part of US Financial Infrastructure ‘
