Wyoming News

Wyoming’s Frontier Stable Token (FRNT) is “the first fiat-backed, fully-reserved stable token” to be issued by a US public entity, says Governor Mark Gordon.

Harriet Hageman’s “Soon” teaser on X sharpens talk of a 2026 Senate bid to replace crypto ally Cynthia Lummis, raising the stakes for Wyoming’s pro‑crypto brand.

Institutions are tokenizing hundreds of millions in capital on the Avalanche blockchain, which is turning government and TradFi integrations “into onchain reality,” according to Nansen.

The FRNT stablecoin, backed by the US state of Wyoming, reportedly went live on seven blockchains at its August launch.

Wyoming announced the mainnet launch of the Frontier Stable Token stablecoin, becoming one of the first US states to issue a stablecoin.

Aptos’ tokenized economy is being fueled by issuers such as Berkeley Square, Franklin Templeton and BlackRock.

The commission evaluated more than 10 blockchains, including Ethereum, Avalanche, Sui, Stellar and Polygon.

The crypto exchange is setting up a new headquarters for the first time since shuttering its San Francisco office in 2022, following reports of employees being attacked.

The federal financial regulator issued guidelines on "covered" tokens in April that had some members of a Wyoming commission questioning its rollout for a state-issued stablecoin.

Wyoming has selected LayerZero as its partner for the state’s planned stablecoin, according to an announcement at the DC Blockchain Summit.

The executive director of the Wyoming Stable Token Commission, Anthony Apollo, said a “real-time, traceable ecosystem is exponentially better” than the current system.

The Wyoming Highway Patrol Association has adopted the Proof of Workforce’s “Get Off Zero” initiative and is reportedly exploring adding Bitcoin to its balance sheet.

With Republicans soon to have a majority in the US Senate, Cynthia Lummis said she plans to have lawmakers pass a bill to “build a strategic Bitcoin reserve.” 

AI technology could drastically reduce inequalities and expand access to services in local and state governments, many believe.

Private issuers of stablecoins could extend the lifespan of the US dollar by driving demand for the underlying fiat currency.