Wyoming Launches First State-Issued Stablecoin ’FRNT’ Following GENIUS Act Passage

Wyoming has cemented its position as a pioneer in blockchain adoption by becoming the first U.S. state to issue an official stablecoin. The Frontier Stable Token (FRNT) launches with full USD and short-duration treasury backing, featuring a legislatively mandated 2% overcollateralization buffer for enhanced stability.

Governor Mark Gordon emphasized Wyoming's blockchain leadership, noting over 45 digital asset laws passed since 2016. The multi-chain stablecoin will operate across seven blockchain networks, offering residents what the governor calls "a modern, efficient, and secure means of transacting in the digital age."

The MOVE follows President Trump's signing of the GENIUS Act, which established new federal guidelines for dollar-pegged cryptocurrencies. Wyoming's Stable Token Commission developed FRNT in collaboration with industry experts, positioning the token for instant settlement use cases.