On September 4th, the Wyoming Stability Token Board (WYST) announced that the first state-issued stablecoin, Frontier Stable Token (FRNT), is about to be launched on Hedera, a trusted public network
FRNT was created under the Wyoming Stable Token Act of 2023 and is the first state-issued stablecoin in the United States. It is fully backed by U.S. dollars and short-term U.S. Treasury bonds, with an additional 2% reserve to ensure stability.
The US state of Wyoming will list its stablecoin FRNT on Hedera.
2025-09-04 13:59:29
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