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Wyoming launches first state-backed stablecoin on seven blockchains

Quick Take After years of research, the Wyoming Stable Token Commission has unveiled the mainnet launch of its first official state-backed stablecoin. The Frontier Stable Token (FRNT) will go live on seven blockchains — Arbitrum, Avalanche, Base, Ethereum, Optimism, Polygon, and Solana — and is designed for retail and enterprise use. After years of research, the Wyoming Stable Token Commission has unveiled the mainnet launch of its first official state-backed stablecoin. The so-called Frontier S...

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