Wyoming Opens FRNT State-Issued Stablecoin to the Public After Multi-Chain Launch
Wyoming has officially opened access to its state-issued stablecoin, the Frontier Stable Token ($FRNT), making it available for public use. The move marks the first time a fully state-issued stablecoin in the United States has entered live circulation.
Developed under the Wyoming Stable Token Commission, $FRNT is backed by state-managed reserves and uses blockchain technology for settlement and transfers.
While Wyoming first announced its technical framework in August 2025, the latest rollout allows the stablecoin to be used publicly across multiple blockchain networks, including Solana and Avalanche.
The reserves backing $FRNT consist entirely of U.S. dollars and short-term U.S. Treasury securities. Asset management is handled by Franklin Templeton, with its affiliate, Fiduciary Trust Company International, serving as custodian.
Governor Mark Gordon described the launch as a major milestone for the state’s digital asset efforts.
“By introducing the nation’s first state-issued stable token, we are showing how clear rules and new technology can work together to expand access, reduce costs, and build public trust,” Gordon said.
Unlike privately issued stablecoins run by corporations, $FRNT operates under direct state oversight, with full transparency and legal compliance built into its structure.
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