Wyoming Launches First State-Issued Stablecoin

Wyoming has introduced FRNT, the nation’s first fully reserved, state-issued stablecoin designed to lower payment costs, improve government efficiency, and modernize public-sector financial infrastructure.

The token is now live on Kraken and Solana with support across major chains via Stargate. By offering fast, low-cost digital payments backed by U.S. dollars and Treasurys, Wyoming aims to create a new model for government-backed digital money in the United States.

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