Stable Token


Background

The Wyoming Stable Token Commission was established with the passage of Senate Enrolled Act 85 – Wyoming Stable Token Act, which authorizes the Wyoming Stable Token Commission to issue Wyoming stable tokens. The initial members of the commission include the Governor or the Governor’s designee; the Auditor or the Auditor’s designee; and the Treasurer or the Treasurer’s designee. The enacting legislation allows for up to four additional members who are subject matter experts in virtual currency and financial technology to be appointed via a majority vote of the members.

Project Timeline and Public Feedback

Wyoming has embarked on an ambitious schedule to consider and possibly issue a digital token, or “stable coin”, by year’s end.  Accordingly, Wyoming is anxious to build a competent platform and policies in short order. This is a first, and we thank you for your interest in and support of Wyoming’s stable token project.

At the May 8th meeting, the Stable Token Commission asked for information from the public.  If you would like to be considered for one of the subject matter expert positions on the Commission, please provide your expression of interest here.  Or, as requested by the Commission, if you would like to provide your thoughts, ideas and concerns on how the process to develop the stable token should be established, how the stable token should be structured or any other challenges or issues that you would like to note, please do so here.

We appreciate your interest and help in making this a successful program and making Wyoming a leader in digital assets.  Please provide your email if you would like to receive meeting notices and other information from the Stable Token Commission.