Wyoming’s Frontier Stable Token, known as FRNT, has gone live on Hedera. The token, issued by the Wyoming Stable Token Commission, is the first stable token issued by a U.S. state government. It launched publicly in January 2026 on seven blockchains, including Solana, Ethereum, and Avalanche. Hedera now joins that list as the only additional network added after the initial deployment. The Wyoming Stable Token Commission evaluated multiple blockchains before selecting Hedera, and it was the sole candidate to make the cut.
Wyoming’s Frontier Stable Token FRNT (@wyostable), the first U.S. state-issued stable token, is now live on Hedera.
— Hedera (@hedera) March 12, 2026
Minted on the Hedera EVM, FRNT is designed to support faster and more efficient digital asset payments. Available on @krakenfx. Issuance supported by… pic.twitter.com/fgRiF1gpGo
Why Hedera
The Commission cited specific technical criteria in selecting Hedera. The network finalizes transactions in seconds, supports up to 10,000 transactions per second, and charges low, predictable fees. Additionally, Hedera operates as a carbon-negative network, which aligns with Wyoming’s broader infrastructure standards. Importantly, Hedera’s governance model, led by a council of global institutions, met the Commission’s requirements for regulatory alignment and long-term stability.
Anthony Apollo, Executive Director of the Wyoming Stable Token Commission, pointed directly to that fit. “The Commission selected Hedera for candidacy because its technical edge aligns with our commitment to security and compliance,” Apollo said. Mance Harmon, Hedera co-founder and Council Chairman, noted the significance of the selection. “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,” Harmon said.
What the Hedera Deployment Enables
FRNT on Hedera opens the token to a new set of use cases that benefit from fast, low-cost settlement. Government payments, including tax refunds, payroll, and disaster relief disbursements, become more practical with Hedera’s throughput and finality speed. Additionally, the deployment supports retail transactions where users need reliable, near-instant settlement without high or variable fees. FRNT moves across chains via LayerZero’s OFT standard, which enables direct token transfers without bridges or wrapped assets. As a result, FRNT on Hedera connects directly to the same reserve-backed token available on every other supported network.
A Deliberate Multi-Chain Strategy
Wyoming did not add Hedera casually. The Commission evaluated blockchains on a rolling basis and held Hedera to the same standard applied to the original seven chains at launch. The fact that Hedera is the only addition signals a selective approach to expansion. Each new chain FRNT deploys on represents a deliberate infrastructure decision, not a broad distribution play. That selectivity matters for a government-issued token where consistency, compliance, and reserve integrity are non-negotiable.
The Bigger Picture
FRNT is already a notable development in U.S. digital asset infrastructure. Its deployment on Hedera extends that story further. Hedera is now a host for the first state-issued stable token in U.S. history, and that carries weight for both the network and the broader institutional blockchain space. Other states watching Wyoming’s model now have another data point: Hedera meets the bar for government-grade deployment. For FRNT, each supported chain adds liquidity channels and accessibility without changing the underlying reserve structure managed by Franklin Templeton. The token remains fully backed 1:1 by U.S. dollars and short-term Treasuries, with a 2% overcollateralization buffer, regardless of which chain a user holds it on.
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