The Wyoming Stable Token Commission (WYST) has confirmed that the Frontier Stable Token (FRNT), the first state-issued stable token in the United States, will soon be available on Hedera, a leading public network governed by global institutions.
Created under the Wyoming Stable Token Act of 2023, FRNT is fully backed by U.S. dollars and short-term Treasuries, with an additional 2% reserve to ensure price stability. The initiative was designed to demonstrate how digital assets can improve public finance by enabling faster, more transparent, and more efficient payments.
Apart from strengthening financial infrastructure, FRNT is designed to give back to the community. Money earned from Treasury investments will go to Wyoming’s School Foundation Program, helping fund schools across the state.
Hedera was chosen as the only additional blockchain candidate for FRNT during the Commission’s Q2 evaluation, after meeting stringent requirements for speed, reliability, and regulatory alignment.
“Our goal with FRNT is to set a new standard for how states leverage digital assets to better serve the public,” said Anthony Apollo, Executive Director of the Wyoming Stable Token Commission. “The Commission selected Hedera for candidacy because its technical edge aligns with our commitment to security and compliance.”
Hedera’s Advantages
Hedera is designed to provide quick transactions, low and consistent costs, and strong reliability. Payments are finalized within seconds at fixed fees, making it useful for everything from everyday shopping and tax refunds to emergency aid and instant payrolls.
On top of that, the network is carbon-negative and can process up to 10,000 transactions per second. It operates under the Hedera Council, a governance model designed to ensure both sustainability and regulatory stability for the long term.
“Hedera is already trusted by governments and enterprises moving from pilots to real-world adoption,” said Mance Harmon, Co-Founder of Hedera and Chairman of Hedera Council. “Wyoming’s selection of Hedera shows how responsible innovation can deliver real-world financial solutions, setting a precedent for other states and, ultimately, the world to follow.”
FRNT has already been piloted in contractor payments, emergency disbursements, and other public services. While the expansion to Hedera is confirmed, FRNT is still not available for public purchase. The Commission noted that more information on how to purchase FRNT on Hedera will be provided soon.
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