Wyoming’s Stable Token Commission has chosen Aptos and Sei as finalists for the groundbreaking WYST stablecoin project, marking a pivotal moment in U.S. cryptocurrency regulation.

Wyoming leads blockchain innovation with WYST selection

Wyoming Makes History with Blockchain Selection

The Wyoming Stable Token Commission has officially shortlisted Aptos and Sei for its revolutionary WYST (Wyoming Stable Token) pilot program, positioning these blockchains at the forefront of America’s first state-backed stablecoin initiative. After rigorous testing of over 10 blockchain networks, Aptos emerged as the highest-scoring platform with 32 points, tied with Solana, though only Aptos advanced to the pilot phase.

This historic decision represents a significant milestone in cryptocurrency adoption at the governmental level, with Wyoming once again proving its position as America’s most crypto-friendly state.

Technical Performance Rankings Revealed

The commission’s comprehensive evaluation process examined critical blockchain metrics including transactions per second (TPS), transaction fees, and finality times. The final scoring revealed:

• Aptos: 32 points (Selected for pilot)
• Solana: 32 points (Not selected despite identical score)
• Sei: 30 points (Selected for pilot)
• Avalanche: 27 points
• Ethereum: 26 points
• Base: 25 points
• Algorand: 21 points

Aptos achieves highest technical score

The selection criteria focused heavily on real-world performance capabilities, with Aptos demonstrating superior technical specifications including theoretical throughput of 160,000 TPS compared to traditional blockchain alternatives.

What Makes Aptos and Sei Stand Out?

Aptos Advantages:

• Move Programming Language: Enhanced security and upgradability
• Parallel Execution: Superior transaction processing capabilities
• Proven Scalability: 160,000 theoretical TPS capacity
• Enterprise-Ready: Robust infrastructure for government applications

Sei Network Strengths:

• Trading-Focused Design: Optimized for financial transactions
• Fast Finality: Sub-second transaction confirmation
• Cost Efficiency: Low transaction fees for stablecoin operations
• DeFi Integration: Seamless compatibility with financial protocols

Sei Network selected for Wyoming pilot

WYST: America’s First State-Backed Digital Dollar

Wyoming’s WYST represents a groundbreaking approach to state-level cryptocurrency adoption. Key features include:

• USD-Pegged Stability: Backed by U.S. Treasury bonds
• Revenue Generation: Interest earnings for state coffers
• LayerZero Integration: Cross-chain compatibility
• Regulatory Compliance: Full transparency and oversight

The initiative aims to launch by July 2025, making Wyoming the first U.S. state to issue its own digital currency.

GENIUS Act Accelerates Stablecoin Adoption

The timing aligns perfectly with federal legislative progress. The U.S. Senate recently passed the GENIUS Act with overwhelming bipartisan support (68-30 vote), establishing the first comprehensive federal framework for stablecoins.

Federal stablecoin legislation gains momentum

“Once the GENIUS Act is law, businesses of all sizes will be able to settle payments nearly instantaneously,” said Tennessee Senator Bill Hagerty, highlighting the transformative potential of regulated stablecoins.

Market Impact and Price Performance

The announcement triggered significant market movements:

• SEI token: Surged 15.6% within 24 hours of selection
• APT token: Experienced sustained buying pressure
• Institutional Interest: Fortune 500 companies increasingly exploring stablecoin utility (29% in 2025 vs 8% in 2024)

TPS comparison across major blockchains

What This Means for Crypto Investors

Wyoming’s blockchain selection signals several key trends:

• Government Validation: Official recognition of Aptos and Sei’s technical superiority
• Regulatory Clarity: Clear pathway for compliant stablecoin operations
• Market Maturation: Institutional-grade blockchain infrastructure demand
• Investment Opportunities: Early positioning in government-backed crypto initiatives

The WYST pilot program represents more than technological selection—it’s a validation of next-generation blockchain capabilities and a preview of America’s digital currency future.

Key Takeaways:

• Wyoming selects Aptos (32 points) and Sei (30 points) for WYST stablecoin pilot
• Federal GENIUS Act provides regulatory framework for stablecoin expansion
• Market responds positively with significant token price increases
• Wyoming maintains leadership position in U.S. cryptocurrency adoption