eicker.news ᳇ tech newsAug 20, 2025
#Wyoming has launched the #first #statebacked #stablecoin, the #FrontierStableToken (#FRNT), on seven blockchains. The token, overcollateralised by #cash and #USTreasurys, aims to provide secure and efficient #digitaltransactions. This move solidifies Wyoming’s position as a #leader in #digitalfinance and #blockchain #innovation. https://www.theblock.co/post/367459/wyoming-launches-first-state-backed-stablecoin-on-seven-blockchains?eicker.news #tech #media #news
Wyoming launches first state-backed stablecoin on seven blockchains

The Frontier Stable Token (FRNT) will go live on seven blockchains: Arbitrum, Avalanche, Base, Ethereum, Optimism, Polygon, and Solana.

The Block