The state of Wyoming has announced that its Frontier Stable Token (FRNT), the first stablecoin officially issued by a U.S. state, will also be supported on the Hedera network. According to the Wyoming Stable Token Commission (WYST), Hedera was the sole additional blockchain selected during the commission’s latest evaluation round.
A First for the United States: State-Backed Stablecoin
FRNT was introduced under the Wyoming Stable Token Act of 2023, making it the first stablecoin created and backed directly by a U.S. state. The token is fully collateralized with U.S. dollars and short-term Treasury securities, along with an additional 2% reserve to safeguard stability.
Beyond its technical design, FRNT demonstrates how digital assets can transform public finance. Notably, the interest generated from Treasury investments tied to FRNT is directed to Wyoming’s School Foundation Program, creating a direct benefit for the state’s education system.
Why Hedera Was Selected
In its second-quarter assessment, the commission identified Hedera as the best fit for FRNT due to its performance in speed, security, and regulatory compliance.
The Hedera network offers:
-
Finalized transactions within seconds
-
Low, fixed transaction fees
-
Capacity of 10,000 transactions per second (TPS)
-
Carbon-negative infrastructure
These features make Hedera a strong candidate for a wide range of use cases, including retail payments, tax refunds, public payroll systems, and emergency relief disbursements.
Pilot Programs Already Underway
FRNT has already been tested in several real-world scenarios, such as contractor payments, emergency fund distribution, and other public service applications. These pilot programs highlight FRNT’s potential not just as a financial innovation, but as a tool that can deliver tangible benefits directly to citizens.
A Global Message from Hedera
Mance Harmon, Co-Founder and Chair of the Hedera Council, emphasized that Wyoming’s move sets an important precedent:
“Wyoming’s decision to integrate with Hedera demonstrates how responsible innovation can lead to real-world financial solutions. This initiative has the potential to serve as a model not only for other U.S. states but also for governments worldwide.”
You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

