Wyoming Launches State-Issued, Dollar-Backed Stablecoin

pymnts.com/cryptocurrency/2025/wyoming-launches-state-issued-dollar-backed-stablecoin

Wyoming has launched a state-issued stablecoin, saying the token will enable digital transactions that are secure, transparent and efficient.

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The Frontier Stable Token (FRNT) will be fully backed by U.S. dollars and short-duration Treasurys, overcollateralized by…

This story appeared on pymnts.com, 2025-08-19 22:48:58.
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