#Over 100 Companies Hold Over 830,000 BTC#
According to reports as of June 19, more than 100 companies collectively hold over 830,000 BTC, worth about $86.476 billion.
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The Wyoming stablecoin WYST is set to launch on the Mainnet on August 20, and will support multiple blockchains.
According to a report from The Block on June 21, the Wyoming Stablecoin Committee announced in its latest monthly meeting that the state-supported WYST stablecoin is set to officially launch on the Mainnet on August 20. The committee has not yet determined which blockchains WYST will be deployed on, but has listed 11 candidate chains: Aptos, Arbitrum, Avalanche, Base, Ethereum, Optimism, Polygon, Sei, Solana, Stellar, and Sui.
WYST is a stablecoin pegged to the US dollar, authorized for issuance by the 2023 Wyoming Stablecoin Act, and is one of many initiatives to establish the state's leadership in the Blockchain field. According to the updated timeline, the committee plans to migrate the WYST smart contract to a designated "candidate" Block and conduct production environment testing by "institutional fund purchases of a small amount of WYST" to ensure the end-to-end process operates smoothly, preparing for the planned public release coinciding with the Wyoming Blockchain Workshop in August.