SEI Chosen as Backbone for Wyoming’s First State-Issued Stablecoin Pilot

The Wyoming Stable Token Commission has selected SEI to serve as the network backbone for its first state-issued fiat-backed stablecoin pilot program, marking a significant step forward for blockchain integration in the U.S. This selection underscores government trust in blockchain technology and promises to accelerate institutional adoption of stablecoins. SEI’s participation reflects growing confidence in revenue-sharing models within the cryptocurrency ecosystem. 2025 marks a pivotal moment as SEI becomes integral in a new wave of financial innovation supported by state entities.