Wyoming Stablecoin Set to Launch on Hedera, But Not Yet Available for Purchase
FRNT Stablecoin Launch: The Frontier Stable Token (FRNT), a stablecoin authorized by Wyoming, will be available on the Hedera blockchain following its mainnet launch in August, after being approved by the Wyoming Stable Token Commission.
Hedera's Selection: The Commission chose Hedera for its technical advantages that align with their security and compliance goals, although purchasing options for FRNT are not yet available.
Wyoming's Crypto Hub Status: Wyoming is positioning itself as a US crypto hub, having been one of the first states to recognize crypto as fiat money, attracting companies and pro-crypto lawmakers.
Regulatory Environment: Despite federal policies softening under President Trump, state governments like Wyoming maintain authority over digital asset regulations, fostering a supportive environment for crypto businesses.
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