Wyoming Launches First State-Backed Cryptocurrency: FRNT Token

Wyoming has taken a groundbreaking step by launching Frontier Stable Token (FRNT), the first state-backed cryptocurrency in the United States. This innovative initiative, overseen by the Wyoming Stable Token Commission, marked the token’s launch on August 19th across seven major blockchains: Arbitrum, Avalanche, Base, Ethereum, Optimism, Polygon, and Solana. This makes Wyoming the leading U.S. state to directly issue a blockchain-native stablecoin, offering a new model for digital asset regulation.