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Wyoming Launches America’s First State-Authorized Stable Token – Available Across 7 Leading Blockchains
Wyoming Launches America’s First State-Authorized Stable Token – Available Across 7 Leading Blockchains
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BTCCSquare news:
Wyoming has made history with the launch of the Frontier Stable Token (FRNT), the first state-authorized stablecoin in the U.S. Governor Mark Gordon unveiled the token, emphasizing its role in revolutionizing digital finance for public governance. Backed 1:1 by U.S. Treasury securities and managed under a professional trust, FRNT sets a new standard for transparency and trust in digital payments.
The Wyoming Token Commission, tasked with overseeing state-owned digital assets, confirmed regular audits to ensure security and transparency. This MOVE signals a significant step in institutional adoption of blockchain technology, positioning Wyoming as a pioneer in the digital asset space.
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