Wyoming Launches First State-Issued Stablecoin FRNT for Public Sale

• The state of Wyoming has become the first U.S. state to issue its fiat-backed stablecoin.
• The Frontier Stable Token (FRNT) will operate on Solana but be interoperable with more chains via Stargate Finance.
• Franklin Templeton has helped the state of Wyoming launch the FRNT legally.

Wyoming has made history as the first U.S. state to launch a stablecoin dubbed the Frontier Stable Token ($FRNT). Under the stewardship of Governor Mark Gordon and Senator Cynthia Lummis, the Wyoming Stable Token Commission launched  FRNT stablecoin on several chains for public use.

Wyoming’s FRNT Debuts on Three Major Web3 Ecosystems 

The state of Wyoming has launched its FRNT Stablecoin on the Solana (SOL) blockchain through the Kraken exchange. According to the announcement, the FRNT is also available on other chains supported by Starget Finance.

Some of the enabled multichain …

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