Wyoming Launches the First U.S. Government-Backed Stablecoin: Frontier Stable Token (FRNT)
Wyoming is making headlines again in the crypto world by launching the Frontier Stable Token (FRNT) on August 19, 2025. This is the first government-backed stablecoin in the United States, created under the Wyoming Stable Token Act, which was enacted on March 17, 2023. The Wyoming Stable Token Commission (WSTC) manages this initiative.
FRNT is fully backed by U.S. dollars and short-term Treasuries, with a strong 2% overcollateralization requirement, which enhances stability and trust. This makes it an appealing choice for users seeking a secure and regulated stablecoin.
The Wyoming government has partnered with private sector firms to handle token issuance, custody, and financial audits, ensuring industry-standard controls and transparency. Governor Mark Gordon announced that the stablecoin will be released to the public shortly after the launch date, opening new opportunities for digital finance.
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Stay tuned for the official public release of FRNT and explore Bitlet.app to make the most of this new crypto development.