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Wyoming stablecoin to launch on Hedera, still not available to purchase

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The FRNT stablecoin, backed by the US state of Wyoming, reportedly went live on seven blockchains at its August launch.

The Frontier Stable Token (FRNT), a stablecoin authorized by the US state of Wyoming, will soon be available on the Hedera blockchain after its mainnet launch in August. 

In a Thursday notice, Hedera said the Wyoming Stable Token Commission — the body responsible for issuing the stablecoin — had selected the blockchain as a candidate for FRNT following a review of possible networks, and approved the proposal.

The stablecoin reportedly went live on seven blockchains at launch: Ethereum, Solana, Arbitrum, Avalanche, Polygon, Optimism and Base.

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