Crypto
Wyoming makes state-issued FRNT stablecoin available to public
Wyoming has launched the Frontier Stable Token (FRNT), the first state government-issued stablecoin in the United States, Cointelegraph reported. Governor Mark Gordon said it is a fully reserved, fiat-backed stablecoin issued by a U.S. public agency. FRNT can be bought on Kraken and was issued on Solana. It can also be transferred to several blockchains and bought via Rain. It is backed by dollars and short-term Treasuries, with interest going to the state.
