BlockChain

  • Wyoming introduces the first state-issued stablecoin, Frontier Stable Token, fully backed by U.S. dollars and Treasury bills.

  • Wyoming leads blockchain innovation with the FRNT token, offering secure, efficient transactions across multiple blockchains and payment platforms.

  • FRNT will soon integrate with Visa’s payment network, enabling users to spend it through Apple Pay, Google Pay, and physical cards.

Wyoming has taken a step by launching the Frontier Stable Token (FRNT), the first state-issued stablecoin in the United States. The token operates on Ethereum, Solana, Arbitrum, Avalanche, Polygon, Optimism, and Base, according to confirmation from the Wyoming Stable Token Commission. Short-term Treasury bills and US dollars provide complete backing for the coin. Additionally, it has a stringent reserve requirement of 102%, which guarantees the stability of its collateralized structure.

However, the token remains unavailable to the general public due to pending regulatory clearances. CryptoAmerica host Eleanor Terrett noted this restriction in an update shared on X. Despite that, the launch signals a new chapter for stablecoins issued under state authority. Hence, Wyoming is positioning itself as the leader in blockchain-driven government initiatives.

Strong Regulatory Foundation and Broader Access

For years, Wyoming has stood out as a pioneer in blockchain regulation. Governor Mark Gordon emphasized that the state has passed over 45 digital asset laws since 2016. “The mainnet launch of the Frontier Stable Token will empower our citizens and businesses with a modern, efficient, and secure means of transacting in the digital age,” Gordon said.

Additionally, the Commission partnered with interoperability protocol LayerZero to deploy FRNT across multiple blockchains. This move ensures seamless access for users across ecosystems. Moreover, Kraken, the Wyoming-domiciled crypto exchange, is expected to list the token first on Solana in the coming days.

Expanding Real-World Utility

Wyoming is also preparing for broader adoption through existing financial channels. Ava Labs revealed that FRNT will integrate with Visa’s payment network. Consequently, users will be able to spend FRNT anywhere Visa is accepted. Supported payment options include Apple Pay, Google Pay, and physical debit cards.

“The issuance of FRNT signals a paradigm shift,” said Commission Executive Director Anthony Apollo. He stressed that Wyoming is not only shaping regulation but also creating practical models of innovation.

Besides retail payments, Apollo highlighted possible use cases in government processes. He noted that FRNT could simplify vendor payments, enable faster tax refunds, and streamline social benefits.

Ava Labs clarified that FRNT is the same initiative previously labeled as Wyoming Stable Token (WYST) and Wyoming Electronic Stable Token (WEST). Consequently, the official rollout confirms years of planning and sets Wyoming apart as a state embracing digital finance.

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