Wyoming has officially launched the Frontier Stable Token (FRNT), making it one of the first US states to issue its own state-backed stablecoin. The development positions Wyoming at the forefront of digital asset regulation and adoption in the United States.

Mainnet Launch and Reserve Backing

The Wyoming Stable Token Commission, authorised by the state to oversee issuance, confirmed that the FRNT stablecoin is fully collateralised by US dollars and short-term Treasury bills. A statutory requirement ensures reserves exceed the supply by at least 2 per cent, giving the token a 102 per cent collateral backing.

The FRNT is now live on seven blockchain networks: Ethereum, Solana, Arbitrum, Avalanche, Polygon, Optimism and Base. However, regulatory hurdles mean the token is not yet available to the wider public. Public distribution is expected to be announced in the coming days.

Showcase at Wyoming Blockchain Symposium

The announcement of the mainnet launch coincides with the Wyoming Blockchain Symposium, an event hosted by SALT and cryptocurrency exchange Kraken. Wyoming Governor Mark Gordon hailed the development as a milestone for the state, noting that Wyoming has passed more than 45 blockchain and digital asset laws since 2016.

“The mainnet launch of the Frontier Stable Token will empower our citizens and businesses with a modern, efficient, and secure means of transacting in the digital age,” Gordon said.

Visa and Payment Integration

One of the most notable features of the FRNT is its integration with Visa’s global payment network. According to Avalanche developer Ava Labs, the token will be usable wherever Visa payments are accepted. This includes compatibility with Apple Pay, Google Pay, digital wallets and physical payment cards.

The move signals Wyoming’s ambition to place blockchain-based currencies into everyday transactions, from retail purchases to mobile payments.

Interoperability and Future Use Cases

The commission has collaborated with interoperability protocol LayerZero, enabling FRNT to function seamlessly across multiple blockchain networks. Initial availability is expected through Kraken, with Solana purchases likely to be the first option offered.

Anthony Apollo, executive director of the Wyoming Stable Token Commission, described the launch as a paradigm shift. He emphasised that FRNT could modernise government processes, from instant vendor payments to on-chain tax refunds and welfare disbursements.

“In addition to regulation, public entities now have a model for innovation that can make government processes significantly more efficient,” Apollo said.

Evolution of Wyoming’s Stablecoin

FRNT is the same token that was previously referred to as the Wyoming Stable Token (WYST) and the Wyoming Electronic Stable Token (WEST). The rebranding to Frontier Stable Token reflects Wyoming’s ambition to position itself as a leader in blockchain innovation and regulation.

With the state’s strong legal framework and backing from major players such as Visa and Kraken, Wyoming is aiming to create a model for other jurisdictions exploring state-issued digital currencies.