Wyoming Makes History: First State-Issued Stablecoin FRNT Goes Live Following GENIUS Bill Breakthrough
Wyoming just rewrote the rulebook—launching America's first state-backed stablecoin while Wall Street still debates theoretical frameworks.
The FRNT Launch
Backed 1:1 with USD reserves and fully auditable on-chain, FRNT cuts through private stablecoin uncertainty with sovereign-grade transparency. No middlemen, no opaque treasuries—just verifiable cash backing.
GENIUS Bill Fueling the Fire
Wyoming's legislative lightning strike bypasses federal deadlock, creating a regulatory sandbox where innovation actually happens. Other states are already scrambling to replicate the framework.
Why This Shakes the System
State-issued digital dollars could eventually bypass Fedwire for instant settlements—slashing interbank transfer times from days to seconds. Governments might finally understand why we've been yelling about blockchain for a decade.
Watch the dominoes fall as other states rush to avoid being left behind in the digital currency race—while traditional finance tries to regulate what it still doesn't fully comprehend.
Wyoming rolls out FRNT as first state-issued stablecoin
The Wyoming Stable Token Commission said it has officially launched its FRNT stablecoin, making it the first US state to achieve the feat, according to a statement on Tuesday.
The Commission claims FRNT is backed by US Dollars and short-term Treasury bills, with a statutory requirement that reserves be overcollateralized by 2%.
"The mainnet launch of the Frontier Stable Token will empower our citizens and businesses with a modern, efficient, and secure means of transacting in the digital age," said Governor Mark Gordon, Chairman of the Wyoming Stable Token Commission.
The Commission revealed partnerships with several firms, including interoperability protocol LayerZero, to facilitate the token's issuance. Franklin Advisers manages the token's reserve assets, and its blockchain infrastructure is managed by Fireblocks, with financial audits and monthly attestations conducted by The Network Firm.
FRNT will be accessible across multiple blockchains at launch, including Arbitrum, Avalanche, Base, Ethereum, Optimism, Polygon and Solana.
The Commission said FRNT will be available for purchase on Solana through crypto exchange Kraken. The stablecoin will also be accessible on Rain's Visa-integrated card platform running on Avalanche.
Rumours of a Wyoming stable token first emerged in 2023 after the state passed its Stable Token Act. The Commission hastened the token's launch this year, following President Trump's pro-crypto stance.
The launch of FRNT comes after the GENIUS bill's passage last July, which established a legal framework guiding stablecoin issuance in the US.
