Wyoming has introduced the Frontier Stable Token ($FRNT), a dollar-redeemable stable token overseen by the Wyoming Stable Token Commission. This initiative is positioned as a public utility, aiming for transparent money movement and faster settlement. Wyoming has also passed HB0264, a law prohibiting state agencies from accepting central bank digital currencies (CBDCs). The Commission emphasizes that $FRNT is fully reserved, governed by state statute, and separate from any Federal Reserve-issued digital money. Governance of $FRNT involves public forums and monthly meetings, contrasting with typical crypto governance models. The token can be used for any lawful purpose, with interventions based on lawful directives.

Wyoming has introduced the Frontier Stable Token ($FRNT), a dollar-redeemable stable token overseen by the Wyoming Stable Token Commission. This initiative is positioned as a public utility, aiming for transparent money movement and faster settlement. Wyoming has also passed HB0264, a law prohibiting state agencies from accepting central bank digital currencies (CBDCs). The Commission emphasizes that $FRNT is fully reserved, governed by state statute, and separate from any Federal Reserve-issued digital money. Governance of $FRNT involves public forums and monthly meetings, contrasting with typical crypto governance models. The token can be used for any lawful purpose, with interventions based on lawful directives.