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Wyoming’s stablecoin issued on Hedera


13 March 2026 US
Reporter: Matthew Challis

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Image: luzitanija/stock.adobe.com
Wyoming’s Frontier Stable Token (FRNT), the US’s inaugural state-issued stablecoin, is now live on Hedera, a decentralised open-source public network.

FRNT is also available on Kraken, a crypto exchange based in Wyoming, with Fireblocks sustaining its operations and issuance, in conjunction with LayerZero supporting cross-chain interoperability over networks.

Speaking on the launch, Mance Harmon, co-founder of Hedera, says: “Hedera technology provides the reliable foundation regulated industries need to innovate with confidence and reimagine how payments move across networks and borders.”

Anthony Apollo, executive director for the Wyoming Stable Token Commission, believes that Hedera contributes the “governance and performance needed for regulated use cases”.
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