Hedera was selected by the Wyoming Stable Token Commission as a blockchain infrastructure provider for FRNT, the first U.S. state-issued stablecoin.FRNT is fully backed by U.S. dollars and short-term Treasuries, with surplus reserves, and aims to improve public sector payments.Hedera was chosen for its speed, fixed low fees, carbon-negative design, and enterprise-grade governance, aligning with Wyoming’s regulatory and technical standards.Interest earned from the FRNT program will fund Wyoming’s School Foun ...

🚨JUST IN: @HEDERA CHOSEN TO POWER @WYOSTABLE'S FRONTIER STABLE TOKEN, $FRNT, FIRST STATE-ISSUED U.S. STABLECOIN ...

America’s first state-issued stablecoin is here.FRNT, formerly known as WYST, is now live on Avalanche and will soon be spendable through @raincards' Visa-integrated platform.Programmable money is becoming real-world money. Here’s why it matters 🧵 ...

Stablecoin Development - America's first state-issued stablecoin, FRNT (formerly WYST), is now live [1] - FRNT operates on the Avalanche blockchain [1] - FRNT will soon be integrated with Raincard's Visa platform for spending [1] Industry Implications - Programmable money is transitioning into real-world applications [1]