Wyoming launches the first state-issued stablecoin FRNT: Opening a new era of public Digital Money.

On August 20, 2025, Wyoming officially launched the first state-issued stablecoin in the United States, Frontier Stable Token (FRNT). This is not only an important milestone in the development of Digital Money in the United States but also marks the beginning of the public sector's deep involvement in the reconstruction of the Blockchain financial ecosystem.

FRNT is issued and managed by the Wyoming Stable Token Commission, with its value pegged to the US dollar at a 1:1 ratio, fully backed by short-term US Treasury bonds and cash reserves, and complies with a 102% over-reserve requirement. This move aims to provide users with greater transparency and reliability.

Multi-chain Deployment and Technological Innovation

FRNT is not limited to a single blockchain but chooses to deploy simultaneously on multiple mainstream public chains, currently covering seven blockchains including Avalanche, Ethereum, and Solana.

This multi-chain strategy benefits from the collaboration with the interoperability protocol LayerZero, allowing it to securely transfer Omnichain Fungible Tokens (OFT) across different networks, avoiding the risks associated with relying on centralized bridging.

Design Philosophy and Compliance Framework

The birth of FRNT stems from the Wyoming Stablecoin Act passed in 2023 and the federal GENIUS Act. It is designed as a "constitutionally protected public asset," explicitly exempt from "arbitrary use restrictions."

This means that, unlike private stablecoins such as USDC or USDT, FRNT does not restrict users from purchasing specific goods (such as weapons or drugs), thus being closer to the free-use characteristics of cash.

Real-World Use Cases and Partners

The goal of FRNT is to become a truly usable Digital Money for everyday transactions. The state government has partnered with Visa issuer Rain, and in the future, users will be able to use FRNT for payments at any location that accepts Visa through the Visa card issued by Rain.

Before its launch, Wyoming successfully piloted the use of FRNT for real-time payments to contractors, reducing the traditional 45-day payment cycle to just a few seconds, demonstrating its immense potential in public finance.

Market Positioning and Future Outlook

FRNT has entered a stablecoin market dominated by private issuers such as Tether and Circle. Its unique advantage lies in state government backing and higher compliance transparency.

Wyoming has cleverly combined the LLC company registration system with FRNT, providing unique advantages for local blockchain enterprises. This is likely to attract more crypto companies to settle in Wyoming and is expected to bring sustainable financial revenue to the state government.

How to Obtain and Use FRNT

Currently, FRNT has been released, but it is not fully open to the public yet. Interested users can register on the Rain platform (rain.xyz) or follow the official information platform of the Wyoming Stablecoin Committee stabletoken.wyo.gov for the latest updates.

According to data from Gate.io on August 25, the prices of mainstream stablecoins remain stable, with USDT currently reported at $1.00. As a new entrant, FRNT's long-term market performance is worth paying attention to.

Future Outlook

The significance of FRNT goes far beyond an experiment by a state government. It successfully transforms "legislative language" into "executable financial code," providing a referable paradigm for other states and even the federal government.

In the future, as more public sectors issue digital money, we may usher in a new era of stablecoins where governments and private institutions collaborate and compete. Wyoming has already sent a signal, and the race has just begun.