Overview

• Wyoming announced the mainnet debut of Frontier Stable Token (FRNT), describing it as the first fully reserved stablecoin issued by a U.S. state.
• FRNT is live on Arbitrum, Avalanche, Base, Ethereum, Optimism, Polygon and Solana.
• The token targets 102% backing with U.S. dollars and short‑duration Treasuries held in trust.
• Retail access remains uncertain, with the state signaling near‑term on‑ramps via Kraken on Solana and Rain’s Visa card on Avalanche, while other reporting says usage is still restricted by regulation.
• Interest on the reserves is slated for quarterly transfers to the Wyoming School Foundation Fund, with operations supported by LayerZero, Fireblocks, Franklin Advisers, Inca Digital and The Network Firm.