Wyoming Launches First U.S. State Stablecoin Backed by Dollars and Treasuries

Wyoming has launched the Frontier Stable Token (FRNT), becoming the first U.S. state to issue a stablecoin backed by U.S. dollars and U.S. Treasury securities. The initiative was announced on August 5, 2025, by Governor Mark Gordon, who described the token as a tool for trust, transparency, and ease of digital transactions [1]. The Wyoming Stable Token Commission, a state-established entity, designed and manages the stablecoin, which is 1-for-1 collateralized and overseen by a professionally convened trust with regular audits [2]. This structure aims to provide a secure and reliable medium for digital payments, fostering business confidence and financial innovation [3].

FRNT is available on seven major blockchain networks: Ethereum, Solana, Arbitrum, Avalanche, Polygon, Optimism, and Base. The multichain deployment uses the LayerZero interoperability protocol, allowing seamless access across different blockchain ecosystems without the need for time-consuming bridges [4]. This decentralized approach ensures the token’s broad utility in the decentralized finance (DeFi) space and supports efficient cross-chain transactions [5]. The stablecoin is overcollateralized, with 2% more assets backing each token than the face value, adding an additional layer of security and distinguishing it from other stablecoins in the market [6].

The launch of FRNT marks a significant milestone in the integration of blockchain technology into public governance and financial infrastructure. By operating on multiple chains, the stablecoin enhances accessibility and usability, encouraging widespread adoption among citizens, businesses, and institutions. The Wyoming Stable Token Commission emphasized that FRNT serves as a state-backed digital currency facilitating secure financial exchanges between public and private sectors, demonstrating the potential for such initiatives to bridge traditional and digital finance worlds [7].

The move is expected to serve as a model for other states and public entities exploring the stablecoin landscape. Wyoming’s project showcases forward-thinking policy in digital finance, potentially influencing future regulatory and technological developments in the sector both in the U.S. and globally [8]. As the stablecoin market continues to grow, Wyoming’s initiative reflects a growing acceptance of blockchain technology in public domains and highlights the potential for governments to lead in the development of next-generation financial systems.

Sources:

[1] Cointelegraph, [https://cointelegraph.com/news/wyoming-frnt-stablecoin-visa-support-7-blockchains](https://cointelegraph.com/news/wyoming-frnt-stablecoin-visa-support-7-blockchains)

[2] BlockchainReporter, [https://blockchainreporter.net/wyoming-launches-americas-first-state-authorized-stable-token-available-across-7-leading-blockchains/](https://blockchainreporter.net/wyoming-launches-americas-first-state-authorized-stable-token-available-across-7-leading-blockchains/)

[3] AInvest, [https://www.ainvest.com/news/wyoming-launches-state-issued-stablecoin-backed-dollars-treasuries-2508/](https://www.ainvest.com/news/wyoming-launches-state-issued-stablecoin-backed-dollars-treasuries-2508/)

[4] TradingView, [https://www.tradingview.com/news/cointelegraph:bd70b3b35094b:0-wyoming-launches-visa-supported-frnt-stablecoin-on-7-blockchains/](https://www.tradingview.com/news/cointelegraph:bd70b3b35094b:0-wyoming-launches-visa-supported-frnt-stablecoin-on-7-blockchains/)

[5] Techmeme, [https://www.techmeme.com/250819/p24](https://www.techmeme.com/250819/p24)

[6] cointurk, [https://en.coin-turk.com/wyoming-launches-pioneering-state-issued-stablecoin-on-multiple-blockchains/](https://en.coin-turk.com/wyoming-launches-pioneering-state-issued-stablecoin-on-multiple-blockchains/)

[7] CCN.com, [https://www.ccn.com/news/crypto/wyoming-first-us-state-stablecoin-payments/](https://www.ccn.com/news/crypto/wyoming-first-us-state-stablecoin-payments/)

[8] AInvest, [https://www.ainvest.com/news/wyoming-launches-state-issued-stablecoin-7-blockchains-2508-82/](https://www.ainvest.com/news/wyoming-launches-state-issued-stablecoin-7-blockchains-2508-82/)