The Wyoming Stable Token Commission has announced that Aptos tied with Solana for first place in the selection of blockchain platforms for WYST, a state-issued, fiat-backed stablecoin in the United States. WYST will achieve cross-chain deployment via LayerZero, building a new multi-chain interoperable financial infrastructure.
Aptos natively supports three USD stablecoins, with average monthly stablecoin transaction volumes exceeding $30 billion, offering sub-second finality and an almost zero-cost transaction experience (approximately $0.00055 per transaction).