Wyoming Launches First State-Issued Stablecoin FRNT, Challenges Private Coin Dominance

Wyoming has taken a bold step forward in the world of stablecoins by launching its own state-issued cryptocurrency, the Frontier Token (FRNT). Backed 1:1 by U.S. dollars and Treasury bills, this innovative stablecoin is now available on multiple blockchain platforms, with robust regulatory oversight thanks to the Wyoming Stable Token Commission. This move marks a significant shift in digital asset regulation and could influence stablecoin adoption across the U.S.