Wyoming Launches Its Own Stablecoin on Multiple Blockchains
Date: 2025-08-20 Author: Oliver Abernathy Categories: IN WORLD
Wyoming has officially announced the launch of Frontier Stable Token (FRNT), which is available on seven blockchains at once: Ethereum, Arbitrum, Avalanche, Base, Optimism, Polygon, and Solana. FRNT is backed by short-term US Treasury bills and national currency, while the legislative requirement is to maintain reserves of at least 102%.
“FRNT creates a secure, transparent, and efficient platform for digital transactions for both individuals and businesses around the world,” the official announcement notes. Public access to the token will be opened in the coming days through the Kraken exchange, registered in Wyoming, and the Rain platform on the Avalanche blockchain, integrated with Visa.
Wyoming’s proactive approach to blockchain legislation led to the creation of the Stable Token Commission in 2023, tasked with developing and issuing state-issued digital coins. To implement FRNT, the state partnered with a number of companies: LayerZero was responsible for issuing the tokens, Fireblocks for the blockchain infrastructure, Franklin Advisers managed the reserves, Inca Digital was engaged in open-source development, and The Network Firm conducted audits and monthly assessments.
Wyoming Governor Mark Gordon emphasized that since 2016, the state has passed more than 45 pieces of legislation related to digital assets, making it one of the most progressive jurisdictions in the United States in implementing blockchain technologies.
According to Rain, the FRNT stablecoin will be usable anywhere Visa payments are accepted. This includes popular mobile wallets and services like Apple Pay and Google Pay, as well as traditional plastic cards. Potential use cases include instant tax refunds, automated payments to suppliers, and streamlined social benefits that are easy to use.
It is worth noting that on July 18, 2025, US President Donald Trump signed the GENIUS Act, which ensured full federal regulation of stablecoins. The emergence of FRNT demonstrates the active promotion of digital currencies at the state level and creates new opportunities for safe and convenient financial transactions within the country and abroad.
The general launch of FRNT strengthens Wyoming's reputation as a leader among US states in the field of blockchain technology implementation and digital asset regulation.
