The Wyoming Stable Token Commission issues the Frontier Stable Token (FRNT), marking the first state-issued stablecoin in the United States. FRNT is a fully reserved, blockchain-based digital asset pegged 1:1 to the U.S. dollar and backed exclusively by U.S. dollars and short-duration U.S. Treasury securities held in trust by the State of Wyoming. The token maintains a statutory 102% reserve ratio (2% overcollateralization mandate) to ensure robust backing and rapid redemption capability.
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