Wyoming became the first U.S. state to issue its own fully reserved dollar stablecoin, FRNT. FRNT operates on seven blockchains but remains inaccessible due to regulatory hurdles. Reserve income from FRNT will support Wyoming’s School Foundation Fund, linking blockchain to public finance. Wyoming launched the Frontier Stable Token (FRNT) on August 19, 2025, becoming the first U.S. state to issue its own fully reserved U.S. dollar stablecoin. The token is now live and operating across seven major blockchains, including Ethereum, Solana, Arbitrum, Avalanche, Polygon, Optimism, and Base. Despite its technical readiness and cross‑chain deployment, Wyoming has not made FRNT available to the public. As crypto journalist Eleanor Terrett noted , “due to lingering regulatory hurdles, the token is not yet available to the public,” leaving it live in form but dormant in function. Multi-Chain Launch Meets Regulatory Lags Wyoming deployed FRNT simultaneously on major blockchain networks. The state working with interoperability provider LayerZero facilitated its presence across networks to ensure broad reach from day one. Platforms such as Kraken on S… The post Wyoming Debuts FRNT, the First U.S. State-Issued Stablecoin appeared first on Coin Edition .
