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Wyoming Launches First State-Backed Stablecoin

8/20/2025
3min read
Denislav Manolov's Image
by Denislav Manolov
Crypto Expert at Airdrops.com
8/20/2025
3min read
Denislav Manolov's Image
by Denislav Manolov
Crypto Expert

Frontier Stable Token Goes Live

On Tuesday, the Wyoming Stable Token Commission announced the mainnet launch of the Frontier Stable Token (FRNT), making the state the first in the U.S. to bring a government-issued stablecoin to life. The digital currency is fully backed by short-term U.S. Treasury bills and U.S. dollars, with a statutory 102% reserve requirement to ensure stability. 

Although the token has gone live on seven blockchainsEthereum, Solana, Arbitrum, Avalanche, Polygon, Optimism, and Base—it is not yet available to the public.

CryptoAmerica host Eleanor Terrett clarified in an X post that “due to lingering regulatory hurdles, the token is not yet available to the public.”

Announced at Wyoming Blockchain Symposium

The launch of FRNT will be formally highlighted at the Wyoming Blockchain Symposium, an annual event co-hosted by the SALT finance network and crypto exchange Kraken

Wyoming Governor Mark Gordon celebrated the milestone, stating:

“For years, Wyoming has been the leading state on blockchain, cryptocurrency, and digital asset regulation, passing over 45 pieces of legislation since 2016. The mainnet launch of the Frontier Stable Token will empower our citizens and businesses with a modern, efficient, and secure means of transacting in the digital age.”

The Commission also revealed that FRNT has been developed in collaboration with LayerZero, a blockchain interoperability protocol that ensures cross-chain transfers. Initial availability is expected to begin with purchases on the Solana blockchain via Wyoming-based Kraken in the coming days.

FRNT Integrated with Visa

Perhaps the most striking feature of FRNT is its integration with Visa’s global payments network. According to an announcement from Ava Labs, the stablecoin will be spendable anywhere Visa is accepted, whether through Apple Pay, Google Pay, or physical cards

Anthony Apollo, Executive Director of the Wyoming Stable Token Commission, emphasized the broader implications:

“The issuance of FRNT signals a paradigm shift. From paying vendors in seconds to enabling tax refunds and social benefits on-chain, FRNT brings state action into the programmable era.”

Apollo added that Wyoming’s leadership sets a model for other U.S. states:

“In addition to regulation, public entities now have a model for innovation that can make government processes significantly more efficient.”

Rebranded from Wyoming Stable Token

Interestingly, FRNT has already gone through multiple names during its development. A spokesperson from Ava Labs confirmed that FRNT is the same project previously referred to as Wyoming Stable Token (WYST) and Wyoming Electronic Stable Token (WEST). 

The decision to finalize the branding as Frontier Stable Token underscores Wyoming’s identity as the “frontier state” of digital asset legislation. Since 2016, Wyoming has passed more than 45 blockchain-related laws, carving out a reputation as the most crypto-friendly jurisdiction in the United States.

A National First with Global Implications

While regulatory hurdles still need to be cleared before the token becomes publicly available, Wyoming’s move has significant implications for the future of state-backed stablecoins in the U.S.. Unlike privately issued stablecoins, FRNT carries state authorization and legal oversight, making it one of the most secure and transparent government-linked digital assets in circulation. 

If successful, FRNT could serve as a blueprint for other states seeking to modernize payment systems, reduce transaction costs, and bring public finance into the blockchain era. From instant vendor payments to on-chain tax refunds, the potential applications extend far beyond tourism or retail. As Wyoming takes this bold step, the question remains whether other U.S. states—or even the federal government—will follow suit.

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