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.
Wyoming Stable Token Commission is set to launch the Wyoming Stable Token (WYST), a fiat-backed and fully-reserved stablecoin, backed by U.S. Treasury securities. The initiative's $5.8 million budget aims for a mid-2025 launch, with broad support and plans to integrate WYST into DeFi platforms globally.
Wyoming has made history by launching the first state-issued stablecoin, paving the way for new public sector involvement in cryptocurrency. This development reflects growing acceptance of digital assets within government frameworks.
The Wyoming Stable Token Commission has set August 20, 2025, as the target date for the mainnet launch of WYST, a new stablecoin designed to boost adoption and innovation in the crypto space.
Wyoming introduces Frontier Stable Token (FRNT), the first government-backed stablecoin in the U.S., fully backed by U.S. dollars and Treasuries with strong regulatory measures. This innovative stablecoin will be available soon for public use.
Wyoming’s Wyoming Stable Token Commission launches Frontier Stable Token (FRNT), the first fiat-backed, fully reserved stablecoin issued by a US public entity. Pegged 1:1 to the US dollar and backed by US dollars plus interest-bearing Treasury securities, FRNT aims to provide instant settlement and reduced fees across seven major blockchains including Ethereum and Solana.