There is more to Wyoming than ranches and Bison!

Wyoming Stable Token Commission launches the FRNT - its official state-backed stablecoin. The token is fully backed by U.S. dollars and short-duration U.S. Treasuries with Wyoming law mandating that FRNT maintain 2% overcollateralization.

Monthly financial attestations and audits will be conducted by The Network Firm to ensure transparency and accountability. FRNT will ultimately be available on seven blockchains: Arbitrum, Avalanche, Base, Ethereum, Optimism, Polygon, and Solana. https://www.theblock.co/post/367459/wyoming-launches-first-state-backed-stablecoin-on-seven-blockchains #FRNT #StableCoin #Wyoming #Crypto #CryptoCurrency #BlockChain #Token #DigitalAssets