Wyoming Launches First State-Backed Stablecoin, Frontier (FRNT), on Ethereum & Solana

Wyoming has taken a major leap in stablecoin development by launching its first state-backed token, Frontier (FRNT), on Ethereum and Solana. This pioneering project utilizes LayerZero technology to enable the token’s deployment across seven blockchains simultaneously. 💰 💻 The income generated from FRNT’s reserves will directly support the State School Fund in Wyoming, while future distribution possibilities remain under consideration for token holders. 🚀 This move establishes a significant impact on the stablecoin landscape.