CHEYENNE, WY, March 12, 2026 – Wyoming’s Frontier Stable Token (FRNT), the first U.S. state-issued stable token, is now live on Hedera. Tokens have been minted on the Hedera EVM, as announced in the Wyoming Stable Token Commission’s attestation report during its monthly commission meeting.
Supporting Digital Dollars at Scale
FRNT marks a milestone for digital asset innovation in the United States. Stable tokens are a type of cryptocurrency backed by the U.S. dollar, with the aim to make them less volatile than other cryptocurrencies. FRNT is designed to support faster, more efficient value transfer while maintaining the transparency and accountability expected of a public-sector issued asset.
“At the core of all this is trust,” said Mance Harmon, Co-Founder of Hedera. “Hedera technology provides the reliable foundation regulated industries need to innovate with confidence and reimagine how payments move across networks and borders.”
Hedera as a Leading Payments Network
Hedera is built to support payments applications with consistent performance, low and predictable fees, and enterprise-grade security. As stablecoins move towards real-world adoption, the underlying infrastructure must meet the standards required by regulated issuers, financial institutions, and payment providers.
“Hedera has emerged as a leader in real-world asset innovation, with the governance and performance needed for regulated use cases,” said Anthony Apollo, Wyoming Stable Token Commission Executive Director. “The launch of FRNT on Hedera highlights the role Hedera can play as a trusted network for digital payments.”
FRNT is available on Kraken, a Wyoming-based cryptocurrency exchange. Fireblocks underpins FRNT’s issuance and operations, and LayerZero supports cross-chain interoperability across networks. Users can purchase FRNT on supported networks and transfer it to other blockchains using the Stargate platform.
About Hedera
Hedera is the trust layer of the digital economy, providing fast, secure, and efficient distributed ledger technology (DLT) powered by its unique hashgraph technology. With an open-source ecosystem, predictable, low-cost fees, and carbon-negative operations, it equips developers with the tools to build scalable applications with real-world impact.
Governed by a diverse council of world-leading institutions, Hedera ensures transparent and fair decision-making. By driving innovation in DeFi, tokenization, AI, digital identity, and sustainable finance, it is shaping a more trusted, efficient, and inclusive digital future.
For more information, visit www.hedera.com, or follow us on X at @hedera or Linkedin. The Hedera whitepaper can be found at www.hedera.com/papers.
About Wyoming Stable Token Commission
Established in March 2023 under the Wyoming Stable Token Act, the Commission is tasked with the development, deployment, and management of Wyoming Stable Tokens that align with state laws and fiscal responsibility. Launched on January 7, 2026, the “Frontier Stable Token” (FRNT) became the first fiat-backed and fully-reserved stable token issued by a public entity in the United States. The Commission endeavors to enhance financial transparency, lower costs for constituents, and drive economic growth through blockchain innovation.For more information, visit https://stabletoken.wyo.gov.
