|
Getting your Trinity Audio player ready...
|
- Wyoming approves Hedera as the blockchain for its state-issued stablecoin FRNT.
- Revenue from FRNT supports education through the Wyoming School Foundation Program.
- Hedera’s speed, governance, and carbon-negative design drove its selection.
Wyoming has officially approved Hedera (HBAR) as the only additional blockchain for the Frontier Stable Token (FRNT), the first state-issued stablecoin in the United States. The move, confirmed by the Wyoming Stable Token Commission in its Q2 2025 review, strengthens Hedera’s reputation as a trusted network for real-world finance and public services.
Wyoming’s Stablecoin Plan and Education Funding
The Wyoming Stable Token Act of 2023 gave the state authority to launch FRNT, a digital asset backed by U.S. dollars and short-term Treasury bills, with a two percent reserve for added stability. Unlike private-sector stablecoins, revenue from FRNT’s Treasury holdings will directly fund Wyoming’s School Foundation Program, supporting public education across the state.
Commission officials emphasized that FRNT demonstrates how digital assets can modernize public finance by enabling faster, more transparent, and efficient payments.
Why Hedera Was Selected
Hedera was chosen due to its high-speed performance, handling up to 10,000 transactions per second at low, predictable costs, alongside its carbon-negative operations. These features make it ideal for state-backed use cases such as payroll, tax refunds, and emergency relief.
Equally important is Hedera’s governance model, which relies on a council of leading global organizations. This structure aligns with Wyoming’s goals of regulatory compliance, transparency, and public trust.
Also Read: Hedera (HBAR) Price Faces $3M Shorts as $0.226 Support Level Tested
Broader Momentum for Hedera
The decision comes as Hedera gains momentum in global finance. Recently, Abu Dhabi’s KAIO launched three major investment funds on the network, while Grayscale introduced a Hedera Trust ETF in Delaware, underscoring growing institutional interest.
With Wyoming’s approval, Hedera strengthens its role in bridging blockchain innovation and state-backed finance, potentially inspiring other U.S. states to explore similar models.
Wyoming’s adoption of Hedera for the Frontier Stable Token highlights how blockchain can move beyond private speculation to deliver tangible public benefits. By combining stablecoin innovation with education funding, the state has set a precedent for responsible digital asset use in government.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses
I’m your translator between the financial Old World and the new frontier of crypto. After a career demystifying economics and markets, I enjoy elucidating crypto – from investment risks to earth-shaking potential. Let’s explore!
