💥 BREAKING: 🇺🇸 WYOMING ISSUES U.S. DOLLAR STABLECOIN ON | Sasankar Gogoi on Binance Square

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💥BREAKING:

🇺🇸
WYOMING ISSUES U.S. DOLLAR STABLECOIN ON SEVEN BLOCKCHAINS, FIRST U.S. STATE TO DO SO.

BULLISH FOR ADOPTION!

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JUST IN: 🇺🇸 Wyoming becomes first US state to launch its own stablecoin. #FRNT

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#Wyoming launches $FRNT: America’s first state-issued stablecoin! Announced today by @WyoStable & @GovernorGordon, $FRNT marks the first time a U.S. public entity has issued a blockchain-based stable token. FRNT, formerly known as WYST, is: • Fully backed by short-term U.S. Treasuries and dollars • Held to a 102% reserve requirement under Wyoming law • Issued in partnership with @LayerZero_Core and live across 7 blockchains including @Arbitrum, @Avax, @Base, @Ethereum, @Optimism, @Polygon & @Solana. Soon, users will be able to spend FRNT anywhere Visa is accepted through @Raincards on #Avalanche and purchase directly via @Krakenfx on #Solana. FRNT has already been piloted by Wyoming for real-time contractor payments, cutting processing times from 45 days to seconds, a glimpse of how governments can revolutionize payroll, refunds and emergency relief.

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🚨 BREAKING: Wyoming becomes the first U.S. state to launch a stablecoin with the debut of the Frontier Stable Token (FRNT). #stablecoin

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🚨BREAKING: The Wyoming Stable Token Commission’s FRNT, the first stablecoin issued by a U.S. State, is coming to Solana 🔥🔥🔥 #stablecoin

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JUST IN: 🇺🇸 Wyoming becomes first US state to launch its own stablecoin. #stablecoin

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