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Wyoming Stablecoin Is Just a State-Issued CBDC by Another Name: Rep. Tom Emmer – Decrypt

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Wyoming Stablecoin Is Just a State-Issued CBDC by Another Name: Rep. Tom Emmer – Decrypt


House Majority Whip Tom Emmer (R-MN) laid into Wyoming’s accelerating plans to issue its own stablecoin Thursday, issuing a rare rebuke of a fellow Republican crypto initiative. 

“I respect the vote of the Wyoming people, however, I personally am vehemently against any government issuing a tokenized version of its currency,” Emmer told Decrypt. “At the federal level, this would be considered a central bank digital currency.”

Central bank digital currencies, or CBDCs—digital versions of a state’s fiat currency—have in recent years become a favored boogeyman of Republican politicians. GOP governors and President Donald Trump alike have worked to ban the development of CBDCs in the United States, given their perceived threat to user privacy. Many Republicans have taken to dubbing CBDCs as “Big Brother’s digital dollar.”

That’s because central bank digital currencies, unlike cryptocurrencies like Bitcoin or Ethereum, are managed by a central issuer that could have the ability to freeze funds or otherwise control how these currencies are spent. And while lacking the censorship-resistance of Bitcoin, CBDCs come with all the transparency: Every transaction made with a “digital dollar,” for instance, would be available to the central issuer for scrutiny.

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And yet, on Wednesday, Wyoming’s Republican governor, Mark Gordon, announced that his state is planning to issue a cryptocurrency as soon as July: its long-planned stablecoin, WYST. 

Those involved with the project insist that the stablecoin, even if it is issued by the Wyoming government, is nothing like a CBDC. Stablecoins are cryptocurrencies generally pegged to the price of the U.S. dollar, which allow users to trade in and out of crypto without exiting digital assets completely. They also serve as dollar equivalents in markets where dollars are restricted.

Anthony Apollo, executive director of Wyoming’s Stable Token Commission, maintained Thursday that even though he too is opposed to the notion of a state-backed CBDC, WYST is an entirely different type of product.

“Wyoming cares significantly about privacy,” Apollo told Decrypt. “We’re going to have rules in place about what we can and can’t collect, how we can treat that data, and how we can act on that data.”

The director added that the exact nature of such policies is still being ironed out internally. Wyoming’s government is also weighing relying on a third party like a centralized crypto exchange to handle data collection for WYST.

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One of the chief criticisms levied against government issued tokens, though, is that whatever rules one administration makes about them, could always be changed by future ones.

Apollo went on to argue that unlike CBDCs, which are digitally issued by a central bank the same way cash is created, Wyoming’s stablecoin will be fully backed by reserves like U.S. Treasuries, and so does not pose inflationary risk.

“Wyoming is not a central bank,” Apollo said. “We are not issuing any cash.”

But why is a solidly red state attempting to issue any form of government-backed digital asset?

Backstage at the DC Blockchain Summit on Wednesday, Gov. Mark Gordon and Apollo made the case that a public stablecoin could offer key benefits private issuers—such as Circle, the issuer of USDC—would balk at, including lower fees and flexibility on touchier transactions like firearms purchases. Interest accrued from the token’s Treasury reserves would also fund the state’s school system.

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But the token’s rollout has certainly brought with it questions about the role of government in issuing such a product. Apollo said it’s fairly common for him to have to field questions about whether WYST is a CBDC or not at public hearings and even in conversations with state legislators.

The topic is currently front of mind in Wyoming. Just weeks ago, Gordon signed a bill into law prohibiting the development of a CBDC in the state. The bill’s sponsor said a key purpose of the legislation was “to send a clear message to Congress: that Wyoming rejects the idea of essentially controlled digital currency.”

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WHSAA warns of possible changes to statewide athletics and activities following budget cuts

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WHSAA warns of possible changes to statewide athletics and activities following budget cuts


CASPER, Wyo. — High school athletics in Wyoming could see some drastic changes in the coming years following legislative changes to the state’s education budget, the Wyoming High School Activities Association recently announced in a statement.

According to the WHSAA, Wyoming school districts are facing a projected $3.9 million shortfall in activities funding, forcing officials to consider significant cuts to high school sports and extracurricular programs.

The WHSAA shared details regarding a new “silo” funding model implemented by the Legislature, stating that the recalibrated block grant model reduced funding for student activities and extra-duty responsibilities from $46.3 million to $42.4 million, an approximately 8.4% decrease statewide.

WHSAA Commissioner Trevor Wilson said the restructuring also restricts district access to an additional $76.2 million in previously flexible funding.

“A significant portion of the [April 28 WHSAA Board of Directors] meeting was dedicated to discussing the projected funding shortfall,” Wilson wrote.

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The WHSAA is weighing several strategies to address rising costs with fewer resources. Proposed changes include eliminating regional tournaments and reducing the number of teams qualifying for state events from eight to four; limiting wrestling to two classes and restricting track and field state participants to the top 16 marks; making cuts to soccer, indoor track and field, Nordic and Alpine skiing, swimming and diving, spring golf and tennis; and reducing in-person speech and debate events by half and centrally locating All-State Music events to minimize travel. The board also recommended increasing gate admission or implementing student participation fees to offset costs.

While the WHSAA release states that no plans have been finalized and the various changes are currently just possibilities, Natrona County School District 1 Board of Trustees member Mary Schmidt criticized the WHSAA’s handling of the news at Monday’s board meeting.

“I take some issues with this, [including] the sheer fact that we as Board of Trustees members have not talked about that at all,” Schmidt said. “It is not our intent and it has not been brought to us to cut our athletics or activities budget for the upcoming school year. … I take issue with them picking sports and getting the community upset and ginning them up to be upset that this is all going to be cut when that hasn’t been discussed.”

Later in the meeting, Superintendent Angela Hensley clarified that Natrona County School District 1’s athletics and activities budget saw a reduction of roughly $550,000 in the coming year’s budget, but said the local school district does not plan to cut any sports.

“Thank you, Trustee Schmidt, for saying this, because I think people are wondering — we are not planning to cut athletics and activities for next year,” Hensley said. “We do have to take a look at our entire budget as we have talked about, as we learn more about these new rules that come in.”

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Cheyenne City Council to consider a pause on new data centers

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Cheyenne City Council to consider a pause on new data centers


Republished with permission from Wyoming News Now, a TV news outlet covering the Cheyenne and Casper areas. 

Cheyenne City Council has introduced a temporary moratorium, or pause, on new data center construction.

“The end goal is to actually have regulations in place, to have really heavy public involvement with this with data centers,” said Councilman Mark Moody.

The proposed ordinance is not a permanent ban on data centers and would not affect data centers currently under construction.

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Councilman Moody says this is a bipartisan issue.

“I just want to make this clear, I’m not against data centers. We do need them from a national security perspective,” he said.

He said there needs to be more public input and regulations regarding data centers in Cheyenne.

The ordinance would require city staff to study data center impacts such as electricity usage, electricity tariffs, closed-loop cooling systems, groundwater impacts, agricultural impacts, and land value.

Cheyenne LEADS, the economic development corporation for Cheyenne and Laramie County, reported in November 2025 that there are 12 operational data centers in Wyoming, five under construction and plans for 43 data centers announced across the state.

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“There needs to be more public input with this, and also to see how many we can sustain here in this community, cause there are talks of 43, and then another day 70. How many can we sustain here?” said Councilman Moody.

The proposed moratorium will now go to the Public Services Committee on Monday, May 18 at noon in the Municipal Building.





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Wyoming High School Softball Regional Tournaments 2026

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Wyoming High School Softball Regional Tournaments 2026


Sheridan will play in the North Regional Tournament at Gillette, while the South Regional Tournament will be played at Rock Springs.


North Regional Tournament at Gillette:

Checking record vs. highest team in the quadrant not involved in the tie, Thunder Basin gets the #1 Northeast seed over Campbell County, because the Lady Bolts went 3-1 vs. Sheridan, whereas the Lady Camels went 2-2.

Friday, May 15th:

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(#1 NE) Thunder Basin vs. (#4 NW) Jackson – 11am

(#2 NW) Natrona County vs. (#3 NE) Sheridan – 11am

(#2 NE) Campbell County vs. (#3 NW) Kelly Walsh – 1pm

(#1 NW) Cody vs. (#4 NE) Worland – 1pm

Semi-Finals:

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Thunder Basin/Jackson winner vs. Natrona County/Sheridan winner – 3pm Winner qualifies for the state tournament.

Campbell County/Kelly Walsh winner vs. Cody/Worland winner – 5pm Winner qualifies for the state tournament.

Consolation Round:

Thunder Basin/Jackson loser vs. Natrona County/Sheridan loser – 3pm LOSER OUT!

Campbell County/Kelly Walsh loser vs. Cody/Worland loser – 5pm LOSER OUT!

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Saturday, May 16th:

TBA vs. TBA – 10am LOSER OUT! Winner qualifies for the state tournament.

TBA vs. TBA – 10am LOSER OUT! Winner qualifies for the state tournament.

2 10am winners vs. each other – 1pm 3rd Place

TBA vs. TBA – 1pm 1st Place

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South Regional Tournament at Rock Springs:

Friday, May 15th:

(#1 SW) Laramie vs. (#4 SE) Torrington – 11am

(#2 SE) Cheyenne East vs. (#3 SW) Green River – 11am

(#2 SW) Rock Springs vs. (#3 SE) Wheatland – 1pm

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(#1 SE) Cheyenne Central vs. (#4 SW) Cheyenne South – 1pm

Semi-Finals:

Laramie/Torrington winner vs. Cheyenne East/Green River winner – 3pm Winner qualifies for the state tournament.

Rock Springs/Wheatland winner vs. Cheyenne Central/Cheyenne South winner – 5pm Winner qualifies for the state tournament.

Consolation Round:

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Laramie/Torrington loser vs. Cheyenne East/Green River loser – 3pm LOSER OUT!

Rock Springs/Wheatland loser vs. Cheyenne Central/Cheyenne South loser – 5pm LOSER OUT!

Saturday, May 16th:

TBA vs. TBA – 10am LOSER OUT! Winner qualifies for the state tournament.

TBA vs. TBA – 10am LOSER OUT! Winner qualifies for the state tournament.

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2 10am winners vs. each other – 1pm 3rd Place

TBA vs. TBA – 1pm 1st Place




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