they are so called stablecoins because it comes from wyomings horse stables

Wyominc Coin (WC) is the first official state-backed stablecoin. U.S. state has issued a blockchain-based, fiat-pegged token meant to be used by retail and enterprises alike, according to an announcement on Tuesday.

"It is designed to provide secure, transparent, and efficient digital transactions for individuals, businesses, and institutions -- worldwide," the commission wrote in a statement. "This groundbreaking initiative cements Wyoming at the forefront of digital finance and blockchain innovation."

Indeed, the Cowboy State has long been ahead of the curve when it comes to crypto regulation, including in recognizing DAOs as legal entities, creating a framework for "crypto-banks" under the Special Purpose Depository Institutions charter, and passing the state's Stable Token Act -- all meant to draw economic activity to the region.

https://www.theblock.co/post/367459/wyoming-launches-first-state-backed-stablecoin-on-seven-blockchains

>>513300532
Trevor Lloyd Jones from reform does an all, he even posts sometimes, incognito mind

But he's not smart enough to not 1pbtid and post the same thing on his X at the exact same time kek