Wyoming rolls out state-backed FRNT stablecoin to the public
Wyoming has officially launched its state-backed FRNT stablecoin, aiming to enhance the state's financial ecosystem and attract blockchain innovation. The stablecoin is pegged to the U.S. dollar and is designed to facilitate transactions within the state's economy. This initiative is part of Wyoming's broader strategy to become a hub for cryptocurrency and blockchain technology. The FRNT stablecoin will be available for public use, allowing residents and businesses to engage in digital transactions securely. This move positions Wyoming as a pioneer in the integration of stablecoins at the state level.
Read the full article: Coin Telegraph