CoinInsight360.com logo CoinInsight360.com logo
America's Social Casino

Coin Edition 2025-06-20 13:15:00

SEI Price and Volume Surge After Wyoming Taps Network for Stablecoin Project

Sei Network has been selected by Wyoming as a candidate to host its state-issued stablecoin. The announcement caused SEI’s 24-hour trading volume to surge by over 70%. The selection places Sei ahead of other major blockchains that were also considered. Sei Network (SEI) has been selected by the Wyoming Stable Token Commission as one of only two candidate blockchains for the deployment of WYST , the first government-issued, fiat-backed stablecoin in the United States. The announcement in turn triggered a positive market reaction for the SEI token. Following the news, SEI’s 24-hour trading volume surged by over 70% to $245 million, and its market capitalization surpassed $1.1 billion, according to CoinMarketCap data . This selection places Sei in a small, distinguished group of blockchains being considered for public-sector financial infrastructure. WYST Selection: A Milestone for Sei Network The Wyoming Stable Token Commission’s decision to shortlist Sei is a major development for the Layer 1 blockchain. The state-backed WYST stablecoin will leverage LayerZero’s Omnichain Fungible Token (OFT) standard for interoperability. Sei Network has been sele… The post SEI Price and Volume Surge After Wyoming Taps Network for Stablecoin Project appeared first on Coin Edition .

Loe lahtiütlusest : Kogu meie veebisaidi, hüperlingitud saitide, seotud rakenduste, foorumite, ajaveebide, sotsiaalmeediakontode ja muude platvormide ("Sait") siin esitatud sisu on mõeldud ainult teie üldiseks teabeks, mis on hangitud kolmandate isikute allikatest. Me ei anna meie sisu osas mingeid garantiisid, sealhulgas täpsust ja ajakohastust, kuid mitte ainult. Ükski meie poolt pakutava sisu osa ei kujuta endast finantsnõustamist, õigusnõustamist ega muud nõustamist, mis on mõeldud teie konkreetseks toetumiseks mis tahes eesmärgil. Mis tahes kasutamine või sõltuvus meie sisust on ainuüksi omal vastutusel ja omal äranägemisel. Enne nende kasutamist peate oma teadustööd läbi viima, analüüsima ja kontrollima oma sisu. Kauplemine on väga riskantne tegevus, mis võib põhjustada suuri kahjusid, palun konsulteerige enne oma otsuse langetamist oma finantsnõustajaga. Meie saidi sisu ei tohi olla pakkumine ega pakkumine