The Stable Token Commission, established by the US state of Wyoming, has posted a vacancy for an executive director to lead the project.
The specialist will be tasked with its implementation, including regulatory, accounting and marketing issues.
It is expected that the state will issue stablecoins pegged to the US dollar in a 1:1 ratio. Funds from the issue will be transferred to a trust account for subsequent investment in treasury bills.
The commission is headed by a board that includes the state governor, the auditor, and the head of the finance department.
In September 2021, The American CryptoFed, registered in Wyoming as a DAO, filed applications with the SEC to register and trade the algorithmic stablecoin Ducat and the associated governance token Locke.
Previously, the San Francisco Fed posted a vacancy for a “senior crypto architect” who will be tasked with participating in the digital dollar project.
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