The Wyoming Stable Token Commission has announced the mainnet launch of the Frontier Stable Token, i.e. FRNT, the first U.S. state-backed stablecoin. FRNT is fully collateralized by U.S. dollars and short-term Treasury bills, with a legally mandated 102% reserve requirement ensuring security and stability.
The stablecoin is supported by Visa and integrated across seven blockchains, including Ethereum, Solana, Arbitrum, Avalanche, Polygon, Optimism, and Base, thanks to LayerZero’s interoperability protocol. However, the token is not yet accessible to the public due to pending regulatory clearance.
The official announcement is expected at the upcoming Wyoming Blockchain Symposium, co-hosted by SALT and Kraken. Wyoming Governor Mark Gordon praised the move, noting that Wyoming has passed over 45 digital asset laws since 2016, cementing its leadership in U.S. blockchain regulation.
The launch of FRNT underscores the state’s ambition to provide citizens and businesses with a modern, efficient, and secure financial instrument for digital transactions in the evolving economy.
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