Shortly after President Donald Trump signed the GENIUS Act into law, providing a new regulatory framework for dollar-pegged cryptocurrencies, Wyoming officially introduced the Frontier Stable Token (FRNT), becoming the first US state to issue its own blockchain-based stablecoin.
The Wyoming Stable Token Commission announced the initiative on Tuesday, aiming to provide users of the new stablecoin with secure, transparent, and efficient digital transactions.
Wyoming’s Stablecoin Issued On Seven Blockchains
Governor Mark Gordon, who chairs the Wyoming Stable Token Commission, emphasized Wyoming’s commitment to financial innovation and the integration of crypto into everyday transactions, stating:
For years, Wyoming has been the leading state on blockchain, cryptocurrency, and digita