# Wyoming's Stable Token Initiative: Pioneering State-Issued Digital Assets by Anthony Apollo

- Channel: [Stable Summit](https://streameth.org/stable_summit)
- Date: 2025-10-07
- Duration: 13:58
- Watch: https://streameth.org/watch/yt-UR8lU0rAhGo
- YouTube: https://www.youtube.com/watch?v=UR8lU0rAhGo

## Description

At Stable Summit III in Cannes, Anthony Apollo, the Executive Director of the Wyoming Stable Token Commission, presented an in-depth overview of Wyoming’s pioneering efforts to issue a state-backed stable token, known as the Wyoming Stable Token (WIST). 

This initiative could bring legal clarity to yield-bearing stablecoins in the US and offers a rare glimpse into transparent, public sector blockchain innovation.

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00:00 Introduction and Disclaimer
00:30 Anthony Apollo’s Background
01:30 What Is the Wyoming Stable Token
02:30 Why Wyoming Is Doing This
03:30 Digital Asset Legislation Overview
05:00 Stable Token Act and Commission Structure
06:30 Budget, Advisors, and Procurement
07:30 Reserve Model and Transparency
09:00 Public Good and Revenue Use
10:00 Use Cases and Global Reach
11:00 Regulatory Positioning and Legal Edge
12:10 Yield-Bearing Token Possibility

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About: 
By Stake Capital Group and Party Action People, and presented by Curve Finance, Stable Summit has been gathering leaders in stablecoins almost quarterly since 2023. Our content is curated through hours of one-on-one research with the leading minds in the stablecoin space. Each program is a highlight reel of what leaders in stables are curious about in real time. Our audience consistently features the full spectrum of the stablecoin ecosystem, from DeFi protocols to institutions, from stablecoin issuers to central banks, and every llama in between.