Wyoming Debuts First State-Issued Stable Token (Markets Media)
Wyoming has launched the Frontier Stable Token ($FRNT), marking the first state-issued stablecoin in the United States. Reserves will be held in trust by Wyoming and invested exclusively in U.S. dollars and short-duration U.S. Treasuries, managed by Franklin Templeton. The token is available for purchase on Kraken (Solana blockchain) and Rain (Avalanche blockchain), utilizing LayerZero for cross-chain interoperability and Fireblocks for security. [Source: Markets Media]
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