Wyoming-Backed Stablecoin Expands to Hedera, Still Not for Sale

Last Updated on September 5, 2025

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Hedera logo on a website, seen on a computer screen through a magnifying glass. Source: Dennis - stock.adobe.com

Key Takeaways:

  • Wyoming’s state-authorized stablecoin FRNT is expanding to the Hedera blockchain after already launching on seven networks.
  • Despite its mainnet debut in August, FRNT is still not available for public purchase, with no timeline provided.
  • Wyoming continues to lead in crypto-friendly regulation, recently attracting Kraken’s global HQ to Cheyenne.

The Frontier Stable Token (FRNT), Wyoming’s state-backed stablecoin, is preparing for deployment on the Hedera blockchain after its mainnet debut in August.

The Wyoming Stable Token Commission, the state-appointed body overseeing FRNT, announced Hedera’s selection as a candidate network after reviewing several options.

FRNT initially went live across seven blockchains – Ethereum, Solana, Arbitrum, Avalanche, Polygon, Optimism, and Base.

Anthony Apollo, the Commission’s executive director, said Hedera was chosen due to its strong security and compliance features.

Despite its launch, FRNT remains unavailable for purchase, with no public timeline confirmed.

The Commission’s website only notes that purchasing details will be announced “soon.”

Wyoming has built a reputation as a crypto-friendly state, setting early precedents by classifying digital assets on par with fiat currency.

This supportive environment has attracted major firms, including Kraken, which announced plans in June to relocate its global headquarters to Cheyenne.

Alongside regulatory innovation, Wyoming continues to host policy discussions and industry advocacy, such as a recent event featuring a Department of Justice official proposing new enforcement approaches for the crypto sector.

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