Wyoming Launches FRNT, First State-Issued US Stablecoin
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Jan 09 2026- First State-Issued Stablecoin: The Wyoming Stable Token Commission announced that the FRNT stablecoin is now publicly available for purchase through Kraken, marking the first instance of a public entity in the U.S. issuing a fiat-backed stablecoin, potentially catalyzing growth in a $300 billion global market.
- Support for Education Funding: The interest earned on FRNT's reserves will flow directly into Wyoming's educational programs, not only providing a new revenue stream for the state but also transforming the stablecoin into a public good, enhancing its social value.
- Efficient Trading Platform: Launched on the Solana blockchain, FRNT can process thousands of transactions per second, enabling users to conduct peer-to-peer dollar transactions with fees under $0.01, significantly improving the convenience of digital transactions.
- Cross-Chain Compatibility: Through Stargate Finance, FRNT supports bridging to major networks like Ethereum and Arbitrum, increasing its flexibility for various applications, which is attractive to investors and developers looking to utilize the token in decentralized finance.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
