State of Wyoming Debuts $FRNT, the Nation's First State-Issued Stable Token, with Franklin Templeton-Managed Reserves

Core Insights - The State of Wyoming has launched the first state-issued stable token in the United States, named $FRNT, which is managed by reserves from Franklin Templeton [1] Group 1 - The introduction of $FRNT marks a significant milestone in the evolution of digital currencies at the state level [1] - The stable token is designed to provide a stable digital currency option, potentially enhancing the financial ecosystem within Wyoming [1] - Franklin Templeton's involvement in managing the reserves adds credibility and financial expertise to the initiative [1]