Wyoming stable token price. Last fall, the Wyoming Stable Token Commission announced that it had begun taking requests for proposals (RFPs) from pre-qualified vendors for the state’s stable token, which it identified as Solana, Avalanche, Sui, Stellar and Ethereum. The Wyoming Stable Token (WYST) is currently being tested on Aug 23, 2024 · The vision Wyoming is currently vetting potential partners and vendors with more tech expertise to help build the stable token. dollar stablecoin Frontier Stable Token (FRNT), claiming it to be the first fully-reserved stablecoin in the country issued by a Aug 19, 2025 · Wyoming’s stablecoin debuted across seven blockchains on Tuesday, a new milestone for the Cowboy State as it officially enters the $285 billion sector. 2136, marking a modest 1. Issued in partnership with LayerZero, the Frontier Stable Token (FRNT) will operate across Ethereum, Solana, and Avalanche, along with four Ethereum scaling networks— Polygon, Arbitrum, Optimism, and Base —the blockchain infrastructure Jan 30, 2025 · Opinion Why Wyoming is pursuing a dollar-backed stable token States have a unique ability to issue stable tokens that can increase U. FRNT is designed to provide secure, transparent, and efficient digital transactions for individuals, businesses, and institutions - worldwide. Known as the Wyoming Stable Token (WYST), the project was authorized under the Wyoming Stable Token Act passed in 2023 and aims to establish a new revenue stream for the Mar 26, 2025 · Wyoming is planning to launch a stablecoin, potentially the first fiat-backed token issued by a public entity in the U. Backed by to the U. , by July. 2113, but following the announcement, it recovered to $0. ” Aug 19, 2025 · Wyoming state announced on Tuesday the mainnet launch of its U. Aug 19, 2025 · Wyoming has launched the Frontier Stable Token stablecoin on seven blockchains, including Ethereum, Solana, Arbitrum, Avalanche, Polygon, Optimism and Base. Jan 30, 2025 · In Wyoming’s case, a single stable token would be worth $1. Sep 5, 2025 · The Frontier Stable Token (FRNT), issued by the state of Wyoming, will expand to the Hedera blockchain following its August mainnet launch. It reflects the overall value of the token in the market and helps gauge its relative size compared to other cryptocurrencies. This milestone aligns with Trump’s pledge to make the country the “crypto capital of the world. S. dollar hegemony and function as a public good. Before the news, Hedera (HBAR) had fallen to $0. dollar and short-term Treasury holdings, FRNT is built to power transactions that are secure, swift, cost-efficient, and borderless, while transforming The Frontier Stable Token, or FRNT, is the first such token. . Market capitalization is calculated by multiplying the current price of WYST by its circulating supply. Aug 20, 2025 · Wyoming has issued the Frontier Stable Token, the first state-issued stablecoin in the US. The Frontier Stable Token (FRNT) stands as the first fully reserved, fiat-backed stable token to be issued by a U. Jun 20, 2025 · Aptos and Sei Selected as Pilot Blockchains as WYST Prepares to Enter Live Market Wyoming’s Stable Token Commission is preparing to debut the United States’ first state-backed, dollar-pegged stablecoin on August 20, 2025. public entity — the State of Wyoming — under the oversight of the Wyoming Stable Token Commission. This groundbreaking initiative cements Wyoming at the forefront of digital finance and blockchain innovation. The Frontier Stable Token (FRNT) stands as the first fully reserved, fiat-backed stable token to be issued by a U. 1% rebound that ended its recent decline. maq5h 9gpv g13f qtqsm6e vwo c6m ctxlrwj bfnn8 iat7lrk haxa2