Hedera Launches Wyoming Stable Token

Wyoming’s Frontier Stable Token Launches on Hedera Network

• Wyoming’s Frontier Stable Token (FRNT), the first stable token issued by a US state, is now live on the Hedera network.
• FRNT is deployed on eight blockchains, including Arbitrum, Avalanche, Base, Ethereum, Optimism, Polygon, and Solana.
• The token maintains 102% collateralization backed by short-term US Treasuries and cash.
• Available on the Kraken exchange, FRNT enables cross-chain transfers via LayerZero Labs’ Stargate platform.
• The stablecoin can be used anywhere Visa is accepted through Apple Pay and Google Pay.

Wyoming’s FRNT stable token, now active on Hedera and seven other blockchains, offers robust collateralization and broad usability across digital payment platforms.