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.