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They Didn’t Pick Solana — Wyoming’s Quiet Revolt

They Didn’t Pick Solana — Wyoming’s Quiet Revolt

Chip Mahoney's avatar
Chip Mahoney
Jun 30, 2025
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They Didn’t Pick Solana — Wyoming’s Quiet Revolt
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The state of Wyoming is about to do something the Federal Reserve has been too timid to try: launch a real, state-backed stablecoin.

They’re calling it the Wyoming Stable Token — WYST — a dollar backed by the state treasury itself. It will live on the blockchain, settle instantly, and effectively turn Cheyenne into a monetary laboratory.

Wyoming reviewed a dozen blockchains for its pilot. Solana, with its blinding speed and sky-high adoption, tied for the top technical score. It seemed like a sure bet.

But the commission overseeing Wyoming’s stablecoin stunned observers. Solana was left out. Two lesser-hyped chains, Aptos and SEI, were chosen instead.

Why would Wyoming walk away from Solana’s superior numbers? And what do Aptos and SEI really signal about how American money might be rebuilt?

The answer is layered — and it starts with a senator, a crypto exchange, and a quiet political revolution taking place on the high plains.

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