Introducing Frontier Stable Token (FRNT): Wyoming's Pioneering Fiat-Backed Stablecoin
In a groundbreaking move for the US digital asset landscape, Wyoming has announced the launch of the Frontier Stable Token (FRNT), the first fiat-backed, fully-reserved stablecoin issued by a U.S. public entity. The announcement was made on August 19, 2025, coinciding with the Wyoming Blockchain Symposium 2025, marking a significant milestone in cryptocurrency innovation.
Managed by the Wyoming Stable Token Commission—established in March 2023 with a budget allocation of $5.8 million—FRNT is pegged 1:1 to the US dollar and is fully backed by US dollars and interest-bearing US Treasury securities. This ensures a strong reserve base and reliability, offering users confidence in its value stability.
One of FRNT's key features is its ability to settle transactions instantly with reduced fees, operating on seven major blockchains: Arbitrum, Avalanche, Base, Ethereum, Optimism, Polygon, and Solana. Its launch will be accessible soon via the Kraken exchange on Solana and Rain's Visa-integrated card platform on Avalanche, making it widely available for public purchase and use.
Wyoming’s commitment to digital assets is evident, having passed over 45 pieces of legislation related to blockchain technology and cryptocurrencies since 2016. With FRNT, Wyoming sets a precedent for public entities issuing a secure, government-backed digital currency.
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Stay tuned for the official public launch of the Frontier Stable Token and explore how Bitlet.app can help you seamlessly enter the crypto space with flexible payment options.
