The post Wyoming Launches First State-Issued Stablecoin, FRNT appeared first on Coinpedia Fintech News
Wyoming has launched the Frontier Stable Token (FRNT), becoming the first U.S. state to issue its own stablecoin. Backed by USD and short-term U.S. Treasuries, FRNT is now live on seven major blockchains, including Ethereum, Solana, and Polygon. Despite this milestone, the token is not yet available for public trading due to ongoing regulatory challenges. Wyoming aims to lead in digital currency innovation while working through compliance to ensure a safe launch for everyone.