Hedera Selected for First US State-Issued Stablecoin Project

The Wyoming Stable Token Commission has chosen Hedera as the blockchain infrastructure provider for the Frontier Stable Token (FRNT), marking a historic milestone in state-backed digital asset applications. This decision follows a rigorous evaluation process that placed high importance on speed, reliability, and regulatory alignment. The commission’s selection ensures FRNT can be used for various public sector initiatives including tax refunds, contractor payments, emergency disbursements, and real-time public payroll systems. 2% additional reserves are in place to ensure stability for FRNT.