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 🧵 ...

Blockchain & Public Finance - Wyoming tested instant government payouts using its own stablecoin ($WYST) [1] - The test utilized Hashfire on Avalanche [1] - Transaction finality was reduced from 45 days to instant on-chain settlement [1] - Avalanche aims to solve public finance latency issues [1]