If you’ve read my newsletter Front Run The Week, you know I’ve been tracking how the next phase of crypto won’t just happen in protocols, but in jurisdictions vaulting their own liquidity. It’s happening right under our noses in Wyoming.
While DC debates stablecoins, Wyoming is already building one. Senator Cynthia Lummis, Wyoming’s fiercest crypto advocate, isn’t just rooting for Bitcoin on a podcast. She’s helping design a monetary blueprint for a state to own its economy.
“Financial innovation will happen whether regulators want it to or not. Wyoming’s role is to make sure it happens safely and transparently,” Senator Lummis told the University of Wyoming blockchain conference in 2024.
That single sentence is a declaration of sovereign monetary intent.
Kraken’s decision to shift its global HQ from San Francisco to Cheyenne is not a press release for clicks — it’s a monument. Kraken’s president Dave Ripley said it best:
“Wyoming’s legal framework is the most forward-looking in the nation. That gives us certainty, and that certainty gives us confidence.”
