Wyoming’s Frontier Stable Token (FRNT) chooses Hedera for Candidacy to deliver secure, fast, and government-backed digital payments.
How FRNT Supports Wyoming’s Public Finance
The Wyoming Stable Token Commission has announced that the Frontier Stable Token (FRNT) will include Hedera for candidacy and future integration as part of its multi-chain rollout. Unlike corporate-issued stable tokens, FRNT is fully backed by U.S. dollars and short-term Treasuries, with an additional two percent reserve to ensure long-term stability.
Importantly, interest earned from these reserves flows directly into Wyoming’s School Foundation Program. As a result, the program benefits education across the state, turning blockchain innovation into public value. This Wyoming stable token on Hedera demonstrates how digital assets can improve transparency, speed, and efficiency in government finance.
Why Wyoming’s Government Stable Token Chose Hedera
Following a Q2 review of multiple networks, the Commission included Hedera based on its fit for speed, reliability, and compliance. Hedera finalizes transactions in seconds, can process up to 10,000 transactions per second, and charges low, predictable fees.
Hedera is a carbon-negative public network, recognized as one of the greenest in the world. It is also the only public network governed by a council of global leading organizations, ensuring accountability and trust at the highest level. By selecting Hedera, Wyoming aligns its stable token initiative with a network designed to serve as the trust layer of the digital economy, bringing transparency, accountability, and efficiency to public finance.
According to Anthony Apollo, Executive Director of the Wyoming Stable Token Commission, “Our goal with FRNT is to set a new standard for how states leverage digital assets to better serve the public. The Commission selected Hedera for candidacy because its technical edge aligns with our commitment to security and compliance.”
Other Networks Supporting FRNT
In addition to Hedera, Wyoming launched FRNT across seven other major blockchain ecosystems, including Ethereum, Solana, Arbitrum, Avalanche, Polygon, Optimism, and Base. Partnerships with providers such as LayerZero, Fireblocks, and Franklin Advisers enabled this multi-chain rollout.
Public access will begin through platforms like Kraken and Rain. In addition, Rain plans to integrate FRNT into Visa-linked card services, making everyday use more seamless. This broad distribution demonstrates Wyoming’s commitment to accessibility while maintaining strong oversight.
Looking Ahead
Wyoming has already piloted FRNT in several use cases, such as emergency disbursements, contractor payments, and public payroll. By combining blockchain innovation with accountability, the state is setting a national precedent for how governments can responsibly adopt digital assets.
Mance Harmon, Co-Founder of Hedera and Chairman of the Hedera Council, reinforced this vision: “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.”
If successful, the Wyoming government stable token Hedera candidacy and integration could serve as a blueprint for other U.S. states exploring digital public finance.
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