# Wyoming’s Stable Token Launch Sparks Debate Over State-Backed Crypto

Source: https://thedefiant.io/news/regulation/wyoming-s-stable-token-launch-sparks-debate-over-state-backed-crypto
Kiwi News: https://news.kiwistand.com/stories/Wyomings-Stable-Token-Launch-Sparks-Debate-Over-State-Backed-Crypto?index=0x68a579ebc47e5cb767dbef64d4659c4beef64f83b9cb7d2a58f4b6d60c02ef066acba27c
Submitted by misha on 2025-08-20 UTC, 2 upvotes, 1 comment

## Comments

**misha**: From permissionless to permissioned. With plutonium you can power your home, .. or destroy it. Crypto no different. Which path to choose, and do we even get a choice? Personally having experienced nineties web1, with all promises and hopes, lately feel web3 going through the same process. Can we still save the internet? ;)

> A federal CBDC would be surveillance on steroids. That’s the nightmare scenario, a coin you can’t spend without permission.