Вайоминг запускает первый в США стейблкоин, обеспеченный государственными резервами Translation: Wyoming Launches First U.S. Stablecoin Backed by Government Reserves

The state of Wyoming (USA) has announced the launch of a dollar-pegged stablecoin called Frontier Stable Token, designated as FRNT, which will operate on seven different blockchains.

This «stable currency» is set to be available on networks such as Ethereum, Arbitrum, Avalanche, Base, Optimism, Polygon, and Solana.

The FRNT stablecoin is backed by short-term U.S. Treasury bills and the national currency, with a legislative requirement mandating a reserve volume of 102%.

«Wyoming has become the first public governmental entity in the United States to issue a blockchain-based stablecoin. FRNT has been engineered to facilitate secure, transparent, and efficient digital transactions for individuals, companies, and organizations across the globe,» the announcement states.

According to the press release, the token will soon be publicly accessible through the state-registered exchange Kraken and the Visa-integrated platform Rain, built on the Avalanche blockchain.

Known for its proactive approach to blockchain-related legislation, Wyoming established a Stable Token Commission in 2023 to develop and release the coin.

During the development of FRNT, the agency collaborated with several companies:

Governor Mark Gordon noted that since 2016, the jurisdiction has enacted over 45 legislative measures related to digital assets.

Rain representatives stated that Wyoming’s stablecoin will be usable wherever Visa is accepted.

Supported payment channels will include major mobile payment services and digital wallets, such as Apple Pay and Google Pay, as well as physical cards.

Among the use cases highlighted by Rain include:

It is worth recalling that on July 18, 2025, President Donald Trump signed the federal GENIUS Act, marking the beginning of full-scale regulation of «stablecoins.»