Wyoming unveils FRNT state stablecoin, joining the battle in the $285B arena

Wyoming has introduced the Frontier Stable Token (FRNT), the first stablecoin created and issued by a US government entity, according to an Aug. 19 announcement. Formerly called the Wyoming Stable ...

By · · 1 min read
Wyoming unveils FRNT state stablecoin, joining the battle in the $285B arena

Source: CryptoSlate

Wyoming has introduced the Frontier Stable Token (FRNT), the first stablecoin created and issued by a US government entity, according to an Aug. 19 announcement. Formerly called the Wyoming Stable Token (WYST), FRNT aims to deliver fast, secure, and transparent digital transactions for individuals, businesses, and institutions worldwide. According to the statement, each FRNT token […]