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Stablecoin created in Wyoming

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Stablecoin is about to launch in Wyoming, a state in the United States of America. If the bills offered to the state's House are adopted, the state's stablecoin will be established. This is welcome news in the bitcoin world, because the United States is a global leader in the use of cryptocurrencies. As soon as the bill is passed, I'm sure that other states will jump on board.
 
I think the interest behind stablecoins as the price is fixed and isn't fluctuating much like the other coins this is why most of online earners and companies prefer to use it.
 
This is a laudable gesture and it is perhaps one of the good news around cryptocurrency and it will go a long way to helping the people acquire the relevant knowledge around cryptocurrency.
 
A stable coin is created by actually depositing an equal amount of fiat currency or gold. WE need to see if they have actually done this or not.
 
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