Over the past few years, Wyoming, a locked state in the US Mountain West, has gone on a journey to become a blockchain pioneer.

With a bold vision of creating an attractive cryptocurrency and blockchain ecosystem, the state’s cryptic laws have placed wyoming as the most inviting state in the United States for blockchain companies and innovators. With the Trump administration’s pro-crypto attitude, the state has solidified its status as a model of how jurisdictions can build their economies.

Wyoming’s goal of being a lighthouse for cryptoinnovation is one of the reasons I chose to make it my home. My family lives in Gillette and Wyoming has become the center of my working life. I love this place, from my flowering bison ranch in Wheatland to our family’s advanced health clinic in Gillette along with hundreds of employees.

While my commitment to Wyoming is running deep, I am now concerned about the direction the state is taking. The latest events around the state-sponsored stablecoin initiative have raised serious issues of transparency and accountability in public procurement processes. If Wyoming wants to lead in blockchain – or any new technology – justice and openness must be at the heart of its selection processes. With so much at stake, I deal with this question head-on by building a framework that sets a standard for local leadership and acts as a model for pro-crypto policies at national level.

The promise of Wyomings StableCOin -Initiative

The state-sponsored stablecoin initiative, which was announced two years ago, was intended to show how blockchain could revolutionize the state’s economy and set an example for other states and nations to follow. My company, Input Output, the driving force behind Blockchain Cardano, was proud to support this effort and alien actively an open and democratic approach with Wyoming StableCOin Commission (WSC) and its Blockchain Selection Working Group (WG) that monitored the entire RFP process for suppliers .

Over the course of 18 months we worked with both parties and contributed to discussions about compliance, issuing, redemption processes and technological standards. The goal was clear: To ensure that Wyomings StableCOin initiative would succeed – not only for the state, but as a model for the rest of the world.

Partic procurement process

Unfortunately, StableCEOin -purchasing process did not reflect WYOMING’s principles for openness and innovation. Several aspects, including a lack of transparency, technical requirements that did not match established frameworks and obvious bias, undermined the entire procurement effort, resulting in unreasonable disqualification of Cardano, XRP, Bitcoin, Hashgraph, Algorand and ICP.

From the start, the decision -making process was done behind closed doors without the possibility of public input. Without influence from the outside, WSC and WG developed essentially criteria that favored existing solutions, such as Ethereum or Solana, without considering the benefits of newer players in the market.

Given the above, it was no surprise that the Wyoming StableCOin Commission always had Ethereum as their choice as number one, which made the entire purchasing process without significance. Videos (as you can see Here and here) Wyoming Governor Mark Gordon and Anthony Apollo, CEO at WSC, show, which strongly suggests that Ethereum would be priority over other blockchain platforms in the bid.

At a stable token commission meeting, Apollo explicitly stated that his personal preference is Ethereum and Polygon. Meanwhile, treasurer Curt Meier has also publicly supported Ethereum. It is worth noting that Apollo is heavily bound to Ethereum as he co-founded Consensys, the software development company that supports the growth of the Ethereum ecosystem-a fact that emphasizes only the inherent bias among the most important stakeholders.

In addition, the requirements for technical criteria in the evaluation methodology had no established basis in existing legislative frameworks and thus inhibited further Cardano and other blockchain suppliers’ efforts to compete for the contract. Despite passing four out of five requirements for the Wyoming Stablecoin project, for example, Cardano was disqualified because it failed the asset “freeze and seized” tests.

However, neither federal regulations nor Wyoming state legislation requires the functionality to “freeze and seize tokens.” Even with that, Cardano, through his smart contract frame, native token or even its on-chain functionality, can still do this-one fact, WG admitted himself in an external email to Cardano-Men nevertheless failed to consider.

If, after all the above, it is still not convincing that WG could not perform carefully and considered due diligence throughout the selection process and could not consider the federal legislative and technical requirements for stableecoins, then comments Karen L. Wheeler, Wyoming’s previous Deputy Secretary Secretary should remove any doubt:

“For a year, public meeting material explicitly stated that the RFP process would be open to everyone. But what began as a process of transparency and inclusive, took a troubled reversal change to a choice of closed door controlled by a sub-selection.

“Instead of promoting fair competition, suppliers were arbitrarily selected based solely on publicly available information without the opportunity to demonstrate their ability to meet key criteria. This undermined not only justice, but also lost a critical opportunity for wyoming to strengthen its leadership before For Blockchain -Innovation.

Wyoming Integrity PAC

The whole shopping process left me with a bad taste and I realized that I had to tackle these failures in state-sponsored blockchain procurement processes directly. To this end, I have decided to launch the Wyoming Integrity Political Action Committee (PAC) later this year.

This initiative aims to do more than to correct erroneous errors in the stableecoin project – it is about building a foundation for ethical governance that ensures Wyoming’s bright future as a leader in all new technologies, from quantum calculation to artificial intelligence.
Wyoming Integrity PAC is my answer to these challenges. This initiative is dedicated to reforming wyoming procurement processes to ensure that they are transparent, fair and inclusive of financing candidates supporting these goals. PAC will focus on three key columns:

1. Transparency: Attorney for open decision -making processes involving public input and control.

2. Justice through open cooperation: To ensure that all innovators and businesses have an equal opportunity to compete and contribute, regardless of their connections or attachment

3. Ethical Innovation: Establishing Wyoming as a global example of governance that supports technological advances while maintaining the highest standards of integrity. These principles are not just ideals; They are necessities. Without them, Wyoming risks losing confidence and investments in the blockchain community and beyond.

The leadership and trust of the future

Wyoming Integrity PAC will be focused on tackling past mistakes and shaping a future where Wyoming can excel in blockchain and other new technologies. Our goal is to create an environment where good ideas can thrive, innovators feel welcome, and trust is a cornerstone of governance. On a larger scale, I hope Wyoming Integrity PAC will be an example of the Trump administration in the implementation of a fair and thought -provoking procurement process for future federal crypto projects.

However, this initiative is about more than just technology; It’s about people. It includes entrepreneurs, developers and workers who bring innovation to life. It is also about the residents of Wyoming, who deserve to see their state flourish as a leader in the digital economy.

I am committed to this long journey and will not give up. Wyoming’s ambition to become a central hub for blockchain is worth fighting for, both for the state and the wider industry. We can build a state that promotes justice, innovation and opportunity for everyone. Let’s smooth the rules of the game, let the best ideas emerge, and can the best technology prevail.