Wyoming will issue its first state government stablecoin, FRNT, on Hedera
The Wyoming Stable Token Commission announced that the Frontier Stable Token ($FRNT), a stablecoin issued by the state government, will soon go live on the trusted public network @hedera.
$FRNT is the first stable token issued by a state government in the United States, fully backed by the US dollar and short-term U.S. Treasuries, with an additional 2% reserve reserved for stability.
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