this post was submitted on 20 Aug 2025
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Wyoming launches first state-backed stablecoin on seven blockchains (www.theblock.co)
submitted 22 hours ago by technocrit@lemmy.dbzer0.com to c/technology@lemmy.world
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After years of research, the Wyoming Stable Token Commission has unveiled the mainnet launch of its first official state-backed stablecoin. The so-called Frontier Stable Token (FRNT), marking the first time a U.S. state has issued a blockchain-based, fiat-pegged token meant to be used by retail and enterprises alike, according to an announcement on Tuesday.

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[–] Fredselfish@lemmy.world 3 points 20 hours ago

Now wait a minute, Yellowstone National Park is partly in that state. Also a lot of other great state parks. So something good comes from there.