Wyoming Debuts State‑Issued Visa‑Enabled FRNT Stablecoin

Wyoming Debuts State‑Issued Visa‑Enabled FRNT Stablecoin

On August 19, 2025, Wyoming made history as the first U.S. public entity to launch a state‑issued stablecoin, the Frontier Stable Token (FRNT), now live on seven blockchains including Ethereum, Solana, Avalanche, Arbitrum, Polygon, Optimism, and Base. Authorized by the Wyoming Stable Token Commission—established under state statute—FRNT is a fully collateralized digital asset, backed by short‑duration U.S. Treasury bills and U.S. dollars, and...

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