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Wyoming rolls out state-backed FRNT stablecoin to the public

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Wyoming rolls out state-backed FRNT stablecoin to the public
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TL;DR:

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

Key Points:

  • Wyoming rolls out state-backed FRNT stablecoin to the public

    • Background:

    Cryptocurrency markets continue to evolve with new developments affecting the broader digital asset ecosystem.

    Why It Matters:

    This development contributes to the ongoing evolution of the cryptocurrency ecosystem and may influence market trends.