CHEYENNE, WY – May 2025 — The Wyoming Stable Token Commission (Commission) today announced a strategic partnership with Inca Digital Federal LLC, a leader in blockchain market intelligence and risk analytics, to support the secure and transparent launch of the Wyoming Stable Token (WYST), the first fully-reserved, fiat-backed stable token issued by a U.S. public entity.
Pursuant to the Wyoming Stable Token Act, the Commission is tasked with issuing WYST – a digital asset representative and redeemable for one U.S. Dollar – that is fully backed by U.S. Treasuries, cash, and repurchase agreements. The Commission’s goal is to enhance financial transparency and drive economic growth for the state, fortifying Wyoming’s position as a national leader in digital assets.
Inca Digital, renowned for its expertise in providing actionable intelligence and real-time risk management solutions to the crypto and banking sectors, will deliver advanced analytics, cross-market oversight, and threat detection to the Commission. This collaboration will bolster the Commission’s ability to monitor and mitigate risks related to fraud, money laundering, and market anomalies, ensuring the safety and integrity of WYST for its users.
“Our partnership with Inca Digital marks a critical step in our commitment to transparency, security, and innovation,” said Anthony Apollo, Executive Director of the Wyoming Stable Token Commission. “By leveraging Inca’s industry-leading intelligence tools, we are reinforcing our promise to deliver a trustworthy digital asset for Wyoming and beyond.”
“Wyoming is setting the standard for public sector digital assets,” said Adam Zarazinski, CEO of Inca Digital. “We are honored to support the Commission’s vision with our technology and expertise, helping to ensure WYST’s resilience against emerging threats and malicious actors.”
The Wyoming Stable Token is currently in the testing phase across multiple blockchain testnets, with a full public launch targeted for July 2025. Upon launch, WYST will enable near-instant, dollar-denominated transactions worldwide, offering significantly lower fees compared to traditional financial systems.
This partnership underscores Wyoming’s commitment to building a secure method of transacting in the digital age.
About the Wyoming Stable Token Commission
Established in March 2023 under the Wyoming Stable Token Act, the Commission is tasked with issuing fully-backed stablecoins that align with state laws and fiscal responsibility. Its mission is to enhance financial transparency while driving economic growth through blockchain innovation.
Anthony J. Apollo was appointed as the inaugural Executive Director of the Wyoming Stable Token Commission in September 2023. Director Apollo brings his prior experience in both traditional finance (KPMG, EY) and digital assets (ConsenSys, Rensa) to the development of the first fiat-backed and fully-reserved stable token issued by a public entity in the United States. Prior to his tenure, Anthony launched blockchain-native projects around intellectual property, debt securities, multimedia licenses, and real-time payments.
About Inca Digital Federal LLC Founded in 2019, Inca Digital provides comprehensive data analytics, intelligence, and risk management solutions to the global crypto and financial industries, with a focus on security, transparency, and actionable insights.
Adam Zarazinski is the CEO of Inca Digital. Born and raised outside Chicago, Adam spent nearly a decade in public service before founding Inca. His public service work includes working in criminal intelligence at INTERPOL, living in the Amazon to study the spread of disease among indigenous tribes with the World Health Organization, and four years as an active duty judge advocate with the US Air Force. As a JAG, Adam served as a prosecutor at Joint Base Andrews and as an intelligence and operational law attorney in Afghanistan. He is currently an O-4 in the USAF JAG Reserve.
Media Contacts: Wyoming Stable Token Commission: [email protected]
Inca Digital Federal LLC: [email protected]