Wyoming has taken a groundbreaking step in state economic development by issuing its own cryptocurrency, FRNT Coin. This innovative move sets the stage for potential applications of stablecoins within state economies, with seven blockchain networks currently hosting this pilot program. 100,000 FRNT Coins were deployed on each platform including Solana, Ethereum, Arbitrum, Base, Optimism, Polygon, and Avalanche C-Chain, totaling 700,000 tokens in circulation. 700,000 FRNT Coin has been allocated to various uses like the Wyoming State Education fund and will be leveraged for state payments in the future, including tax refunds and public salaries. The initiative was launched under the Wyoming Stable Token Act, with Governor Mark Gordon leading the Wyoming Stable Token Commission (WSTC). Anthony Apollo oversees daily operations for the token’s implementation. This pilot program is scheduled to transition from testing into full-scale operations by August 19th. With a strong focus on over-collateralization requirements at 102%, FRNT Coin seeks to mitigate risks associated with stablecoin pegs. Wyoming, despite its small size and limited population of half a million residents spread across 253,000 square kilometers, is pioneering this new path for the future of state economics.