Layer 1 blockchain project Sei Network announced on platform X that it has been selected by the Wyoming Stable Token Commission as a candidate blockchain for WYST. WYST is a fiat-backed stablecoin launched by the state, which will be deployed using LayerZero. The testnet has already been launched, and currently supported blockchains include Avalanche, Solana, Ethereum, Arbitrum, Base, Optimism, and Polygon. Being selected means that Sei Network will develop into a "currency blockchain."