On August 19, the Wyoming Stable Token Commission made history by launching the Frontier Stable Token (FRNT) on mainnet â officially making Wyoming the first U.S. state entity to issue a blockchain-powered stablecoin. đđľ
This groundbreaking milestone places Wyoming at the forefront of Americaâs digital finance revolution.
đ Why FRNT Matters
The FRNT token is more than just another stablecoin â itâs designed to power secure, transparent, and efficient digital transactions for individuals, businesses, and global institutions. Unlike private stablecoins, FRNT is backed by state law and fiscal oversight, giving it an extra layer of trust and credibility.
Governor Mark Gordon, Chair of the Commission, emphasized Wyomingâs leadership in blockchain innovation:
đ âFor years, Wyoming has been setting the pace in digital asset regulation, with more than 45 blockchain-focused laws passed since 2016. FRNT is a natural extension of that vision.â
đĄď¸ Fully Collateralized & Overprotected
Transparency and stability sit at the core of FRNT:
â 100% backed by U.S. dollars & short-term treasuries
â 2% overcollateralization buffer mandated by law
â Independent audits & attestations every month
To achieve this, the Commission partnered with industry leaders:
LayerZero â issuance tech
Fireblocks â secure infrastructure
Franklin Advisers â reserve management
Inca Digital â blockchain intelligence
The Network Firm â auditing & compliance
đ Multi-Chain Expansion
FRNT isnât tied to one ecosystem. Instead, itâs live across 7 major blockchains:
Arbitrum, Avalanche, Base, Ethereum, Optimism, Polygon, and Solana
In the coming days, FRNT will be available for purchase through Kraken (on Solana) and Rainâs Visa-integrated card platform (on Avalanche), bringing it closer to everyday utility and real-world payments.
đ Final Word
LWyomingâs Frontier Stable Token isnât just another digital asset â itâs a historic leap forward in how states, institutions, and individuals may transact in the future. By merging blockchain transparency with state-backed trust, Wyoming has opened a new frontier in digital finance. đđĽ