Wyoming Makes History with FRNT, the First State-Issued Stablecoin
Wyoming has officially launched the Frontier Stable Token (FRNT), marking the first U.S. state-issued stablecoin. Issued by the Wyoming Stable Token Commission, FRNT is fully backed by U.S. dollars and short-duration Treasury bills, with a legally required 102% reserve for added stability.
The token is already live across seven blockchains—Ethereum, Solana, Arbitrum, Avalanche, Polygon, Optimism, and Base—leveraging LayerZero for cross-chain interoperability.
Governor Mark Gordon frames this as a leap in payment innovation—empowering citizens and businesses with fast, efficient, blockchain-based transactions.
$OP
$POL
$AVAX
#WyomingStablecoin #FRNT #CryptoAdoption #blockchain
Think state-run stablecoins will redefine public payments—or does blockchain belong to private innovators? Comment, like, share and follow!
Wyoming has officially launched the Frontier Stable Token (FRNT), marking the first U.S. state-issued stablecoin. Issued by the Wyoming Stable Token Commission, FRNT is fully backed by U.S. dollars and short-duration Treasury bills, with a legally required 102% reserve for added stability.
The token is already live across seven blockchains—Ethereum, Solana, Arbitrum, Avalanche, Polygon, Optimism, and Base—leveraging LayerZero for cross-chain interoperability.
Governor Mark Gordon frames this as a leap in payment innovation—empowering citizens and businesses with fast, efficient, blockchain-based transactions.
$OP
$POL
$AVAX
#WyomingStablecoin #FRNT #CryptoAdoption #blockchain
Think state-run stablecoins will redefine public payments—or does blockchain belong to private innovators? Comment, like, share and follow!