TLDR
- Wyoming’s FRNT stablecoin is expanding to the Hedera blockchain after Commission approval.
- FRNT initially launched on seven major blockchains but remains unavailable for public purchase.
- Hedera was selected due to its alignment with the Commission’s compliance and security goals.
- Wyoming continues to attract crypto activity, with major firms citing favorable state regulations.
The Frontier Stable Token (FRNT), a state-authorized stablecoin backed by the U.S. state of Wyoming, is preparing to go live on the Hedera blockchain following its August mainnet launch. After initially rolling out on seven blockchains — Ethereum, Solana, Arbitrum, Avalanche, Polygon, Optimism, and Base — the Wyoming Stable Token Commission has formally selected Hedera as a new candidate network. The Commission cited Hedera’s technical capabilities as consistent with its objectives around compliance and security.
Hedera Selected Following State-Led Review
Following the stablecoin’s launch across multiple blockchains in August, the Wyoming Stable Token Commission conducted a review process to evaluate additional network options. The Commission, responsible for overseeing FRNT’s issuance, approved Hedera as a viable blockchain based on its technical alignment with the state’s compliance-focused framework.
This decision came after a thorough review of other blockchain platforms. Hedera’s inclusion will expand FRNT’s network compatibility, following its launch on the initial seven chains. Although Hedera confirmed the Commission’s approval in a notice released Thursday, further details about integration timelines remain undisclosed.
Meanwhile, despite the token’s presence on multiple blockchains, FRNT is not yet available for public purchase. The Commission’s official website indicated that users should not expect to buy the token immediately. Hedera also stated that information regarding purchase availability will be released soon.
Token Purchase Still Unavailable Despite Mainnet Launch
Although the FRNT stablecoin went live on major blockchain networks in August, there has been no public sale of the token to date. According to the Wyoming Stable Token Commission’s website, purchasing options for FRNT were not active as of Thursday.
This development contrasts with earlier expectations that users would be able to purchase the token within days of the mainnet launch. Hedera also confirmed that the stablecoin is not yet available for public buying but assured that additional updates will be provided shortly.
This delay in purchase availability continues to draw attention, particularly as FRNT expands its presence across additional blockchain networks.
Wyoming Strengthens Position in U.S. Crypto Regulation
As FRNT prepares to launch on Hedera, Wyoming’s broader role in shaping crypto regulation continues to gain attention. The state remains among the earliest in the U.S. to grant digital assets similar status to fiat currency.
Notably, major crypto companies have responded to the state’s pro-digital asset stance. In June, Kraken announced it would relocate its global headquarters to Cheyenne, citing the state’s favorable regulatory climate. Meanwhile, the American Innovation Project, an advocacy group, launched during a Wyoming crypto conference.
