Exclusion from the stablecoin initiative: The Wyoming Token Commission selected nine blockchains, including Ethereum and Stellar, while excluding MAJOR players like Cardano (ADA) and Ripple (XRP). This decision has raised concerns regarding bias and fairness in blockchain project selection.
Allegations of bias against Cardano and Ripple: Hoskinson accused the Commission’s executive director, Anthony Apollo, of favoritism towards Ethereum, noting Apollo’s ties to Consensys. This raises questions about the integrity of the selection process for the stablecoin initiative.
Call for legal actions by excluded projects: In light of the situation, Hoskinson urged other excluded blockchains to consider legal action against the Commission, arguing that the selection process could disrupt fair competition in the crypto space.