Wyoming-Based Crypto Founder Slams State Over Stable Token Bid Process

Wyoming ranch owner Charles Hoskinson, who also is the founder of the Cardano cryptocurrency platform, has taken to social media to blast Wyoming’s process of creating its own stable token, saying that it hasn’t been transparent and unfairly excluded his company.

The criticism follows an announcement from the Wyoming Stable Token Commission announcing that it has begun taking requests for proposals from pre-qualified vendors, which it identified as Solana, Avalanche, Sui, Stellar and Ethereum. The latter includes a bullet point that it is “inclusive of layer-2 networks Polygon, Arbitrum, Base and Optimism.”

None of the other platforms include any explanatory bullet points.

Wyoming Stable Token Executive Director Anthony Apollo also…

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