A bill introduced by Republican Logan Manhart would allow up to 10% of South Dakota's state-managed funds to be invested in Bitcoin. The proposal joins a growing number of U.S. states debating crypto allocations amid questions about risk and diversification.

Wyoming is set to launch the Frontier Stable Token (FRNT) on September 3, 2025, marking the first U.S. state-issued stablecoin. Fully backed by U.S. dollars and treasury bills, this innovative digital asset will be available on seven major blockchains and aims to revolutionize payments while funding public schools.