Wyoming issues the first state-level stablecoin in the United States, FRNT.
2025-08-19 11:24:30
FOX Business reporter Eleanor Terrett said that Wyoming has officially launched the Frontier Stable Token (FRNT), becoming the first state in the United States to issue its own stablecoin. FRNT is backed by U.S. dollars and short-term Treasury bonds and is currently available on seven blockchains: Ethereum, Solana, Arbitrum, Avalanche, Polygon, Optimism, and Base. However, the token is not yet available to the public due to regulatory hurdles.
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