Frontier Stable Token (FRNT) is Wyoming’s state-issued stablecoin, fully backed by U.S. dollars and short-term U.S. Treasurys, launching on multiple blockchains to support payments, trading, and DeFi integration while maintaining overcollateralization and regulatory safeguards.
Wyoming issues the first U.S. state-owned stablecoin, Frontier Stable Token (FRNT)
FRNT is backed by USD cash and short-term U.S. Treasurys and is overcollateralized by 2% above reserves.
FRNT will launch on major blockchains including Ethereum and Solana and aims for broad DeFi and payments use.
Frontier Stable Token (FRNT) — Wyoming’s state-backed stablecoin backed by USD and Treasurys; learn launch details and how to use FRNT today.
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Frontier Stable Token (FRNT) is Wyoming’s state-issued stablecoin, fully backed by U.S. dollars and short-term U.S. Treasurys with an additional 2% overcollateralization to support stability. The token is intended for multi-chain use across major networks for payments, trading, and institutional settlement.
FRNT’s reserves consist of U.S. dollar deposits and short-term Treasury securities held under state custody standards. Oversight is provided by the Wyoming Stable Token Commission with policy frameworks aimed at consumer protection and auditing. Official sources referenced by state statements include Wyoming legislative records and public treasury data (plain text references).
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Source: https://en.coinotag.com/wyoming-launches-first-state-owned-frnt-stablecoin-backed-by-usd-and-treasurys-could-alter-liquidity-on-ethereum-and-solana/