Ted Hisokawa
November 8, 2025 09:53
Wyoming has introduced FRNT, the first state-issued stablecoin on Avalanche. This digital asset promises real-world applications and financial innovation, strengthening public finances.
The state of Wyoming has made significant strides in the field of digital finance with the issuance of Frontier Stable Tokens (FRNT), the first state-issued stablecoin in the United States. According to Avax.network, this milestone was announced at the SALT Blockchain Symposium in Jackson Hole.
State-supported financial innovation
The FRNT token, originally known as WYST, adheres to a 102% reserve requirement under Wyoming law and is fully backed by short-term U.S. Treasury securities and dollars. This ensures the stability and reliability of the token as a financial instrument. The Wyoming Stable Token Commission will oversee its issuance, ushering in a new era of programmable public finance.
real world applications
FRNT is designed for everyday use, and actual payment functionality will be available soon. In partnership with Rain, users will soon be able to use FRNT anywhere Visa is accepted, including online, in stores, and via Apple or Google Pay. Currently, SALT event attendees can begin onboarding by completing the KYC process and receiving a Rain-issued Visa card.
Proven efficiency in the public sector
Prior to its official launch, FRNT demonstrated its potential by piloting real-time contractor payments via Avalanche’s native protocol Hashfire. The pilot reduced the traditional payment schedule from 45 days to just seconds, demonstrating the efficiency of the token in public sector applications.
Avalanche: The platform of choice
Avalanche was chosen for its ability to provide speed, security, and scalability without compromising transparency. The platform’s sub-second finality, low fees, and configurability for financial applications make it ideal for government-grade deployments. Anthony Apollo, executive director of the Wyoming Stable Token Commission, pointed out that FRNT is an example of government innovation that goes beyond regulation.
Future prospects
As the first country-issued stablecoin ready for commercial use, FRNT provides a new foundation for an efficient and transparent public system. It is expected to impact a wide range of areas, from national budgets to personal banking. This token launch highlights Wyoming’s commitment to blockchain innovation and translates legislative efforts into tangible financial solutions.
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