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Wyoming Launches Frontier Token, a State-Issued Stablecoin With 102% Reserves

The design channels interest to public programs.

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Overview

  • State officials describe the Frontier token as the first legally mandated, state-issued stablecoin.
  • The token operates across seven blockchains via LayerZero and aims to cut fees and settlement delays.
  • Reserves are maintained at 102% in cash and short-duration U.S. Treasuries.
  • Interest from reserve assets is earmarked for education and other publicly oriented initiatives in Wyoming.
  • Backers present its decentralized, multi-chain architecture and legal constraints as safeguards against CBDC-style surveillance, and broader public access remains limited for now.