Wyoming Issues First State-Issued Stablecoin: FRNT Token Launches with Regulatory Delays

Wyoming has made history by becoming the first U.S. state to launch a state-backed stablecoin, the Frontier Stable Token (FRNT), linked to USD and short-term treasuries. The token’s non-tradable status reflects pending regulatory approvals for public trading on major blockchains. This landmark launch sets a precedent for other states seeking to adopt digital currencies, with potential implications for financial strategies across the nation.