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]

RT Wendy O (@CryptoWendyO)The Wyoming Stable Token Commission announced that the Frontier Stable Token (FRNT), the first U.S. state-issued stable token, will soon be available on Hedera.FRNT is fully backed by U.S. dollars and short-term Treasuries, supporting faster, more transparent, and efficient payments.Interest earned from Treasury purchases will fund Wyoming’s School Foundation Program, benefiting education across the state.Hedera was chosen for its speed, low costs, and strong regulatory compliance. ...

The Wyoming Stable Token Commission announced that the Frontier Stable Token (FRNT), the first U.S. state-issued stable token, will soon be available on Hedera.FRNT is fully backed by U.S. dollars and short-term Treasuries, supporting faster, more transparent, and efficient payments.Interest earned from Treasury purchases will fund Wyoming’s School Foundation Program, benefiting education across the state.Hedera was chosen for its speed, low costs, and strong regulatory compliance.Source: Hedera ...

RT XKOVA Ж (@XKOVAPAY)Thrilled to share Wyopay by XKOVA has joined the Wyoming Stable Token Pilot Program.We’ve already integrated an alpha version of the Wyoming Stable Token on Avalanche Fuji Testnet and will be opening a public beta soon.Wyopay demonstrates how WYST could power fast, simple, and low-cost payments for everyday consumers with no crypto knowledge required.To be notified when the public beta opens, follow @wyopay. ...