Wyoming’s State-Issued Stablecoin Live on Hedera

Wyoming launches the first U.S. state-issued stablecoin, the Frontier Stable Token (FRNT), on the Hedera network.

  • The Wyoming Stable Token Commission has launched the U.S.-first state-issued digital dollar, the Frontier Stable Token (FRNT).
  • FRNT is now operational on the Hedera network, chosen for its governance, predictable fees, and enterprise-grade security.
  • The token is available for purchase on the Kraken exchange and uses Fireblocks and LayerZero for issuance and cross-chain transfers.

Wyoming has launched the first U.S. state-issued stable cryptocurrency, a landmark moment for public-sector digital assets. The Frontier Stable Token (FRNT) went live on Hedera on March 12, 2026, as confirmed in the Wyoming Stable Token Commission’s official report.

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This token is designed to support faster, more efficient value transfers. Consequently, it aims to combine the speed of crypto with the transparency expected from a government-backed asset.

“At the core of all this is trust,” said Hedera Co-Founder Mance Harmon. He emphasized that the network provides the reliable foundation regulated industries need for confident innovation.

The commission selected Hedera for its performance in real-world asset applications. Anthony Apollo, the commission’s Executive Director, stated “Hedera has emerged as a leader in real-world asset innovation.”

FRNT is now accessible for purchase on the Wyoming-based Kraken exchange. Meanwhile, its technical operations are supported by Fireblocks for issuance and LayerZero for cross-chain interoperability.

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The token represents a significant step in blockchain adoption by U.S. state governments. For more details, the public can visit the commission’s official website.

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