FRNT Goes Live: The First U.S. State-Issued Stablecoin You Can Actually Use

FRNT (Frontier Stable Token) is the first fully backed, state-issued stablecoin in the U.S., launched by Wyoming. It’s a legally governed financial instrument backed by U.S. Treasuries and dollars, with a 102% reserve requirement, ensuring strong financial integrity.

Key Ideas

Spendable Anywhere Visa Is Accepted: Thanks to a partnership with Rain, FRNT can be used online, in-store, and via Apple/Google Pay.
Government Use Cases: Wyoming’s pilot showed FRNT can reduce contractor payment timelines from 45 days to seconds. It’s also poised for use in tax refunds, disaster relief, and public payroll.

Why It Matters?

Blockchains, smart contracts offer solutions like automated payroll, instant benefits and transparent procurement. This enables connecting blockchain with Web2 systems like Visa for real-world spending.