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Wyoming Launches America’s First State-Issued Stablecoin

Wyoming Launches America’s First State-Issued Stablecoin

Author:

Global Cryptocurrency

Published:

2026-01-08 21:46:02

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Wyoming has become the first U.S. state to issue its own stablecoin, the Frontier Stable Token (FRNT), marking a historic milestone in government-backed digital currency. Governor Mark Gordon announced the launch on January 7, 2026, positioning FRNT as a fully reserved, fiat-backed alternative to private stablecoins like USDC and USDT.

The Wyoming Stable Token Commission, established in 2023, oversaw FRNT's development with a $5.8 million budget. The token is collateralized at 102% with U.S. dollars and Treasury securities, exceeding standard reserve requirements. This MOVE culminates a decade of blockchain-focused legislation in Wyoming, which has passed over 45 related laws since 2016.

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