Wyoming has introduced the Frontier Stable Token (FRNT), the first fully-reserved stablecoin issued by a public entity in the U.S., on August 19, 2025. This stablecoin is deployed across multiple blockchain networks, including Arbitrum, Avalanche, Base, Ethereum, Optimism, Polygon, and Solana. Designed to be 2% over-collateralized, FRNT is backed by U.S. dollars and short-term U.S. treasuries. Governor Mark Gordon emphasized that the launch would provide citizens and businesses with a modern and secure transaction method. The token will soon be available for public trading on the Solana network via Kraken and on the Avalanche blockchain through Rain's Visa-integrated card platform. This move follows the introduction of federal guidelines for stablecoin regulation under the GENIUS Act. Wyoming, which has been proactive in blockchain legislation, formed the Wyoming Stable Token Commission in 2023 to oversee the development and integration of this token into public finances, highlighting its potential role in transforming payment systems in the growing crypto market.

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