Wyoming’s pioneering use of Avalanche blockchain for a pilot program, enabling instant payments via the Wyoming Stable Token (WYST) through Hashfire’s protocol, is a move that reduces government vendor payment times from 45 days to seconds, as confirmed by CoinDesk on July 17, 2025.
This initiative leverages Avalanche’s AvaCloud infrastructure, embedding smart contracts for compliance and approvals, aligning with Wyoming’s progressive blockchain legislation, which includes over a dozen crypto-friendly laws, as noted by Gemini, positioning it as a U.S. leader in blockchain adoption.
Avalanche’s recent institutional backing, including Crypto Finance’s regulated custody services under Deutsche Börse Group in Europe, and its $104 million net bridge inflows reported by Brave New Coin on July 17, 2025, suggest a potential long-term price recovery to $30–$40, bolstered by a $100 million TVL increase.
