Wyoming Governor Mark Gordon announced plans to launch a state-issued stablecoin in the first quarter of 2025. The stablecoin, known as the Wyoming Stable Token, will be dollar-pegged and aims to provide a faster, cheaper method for transactions. This initiative is part of Wyoming's broader strategy to promote crypto payments and potentially serve as a blueprint for a U.S. digital dollar. The announcement was made during the Wyoming Blockchain Symposium, highlighting the state's commitment to advancing digital currency technologies. Wyoming has already passed over 30 crypto-friendly laws to support this initiative.